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Bank claim news: Miliband slams chancellor's comments

People who have filed a bank claim in the past have heard that it is vital that bankers are paid responsible bonuses.

Labour Party leader Ed Miliband has refuted claims made by chancellor George Osborne that the ongoing row over bonus payments is "anti-business".

Mr Miliband suggested that the government has taken a "haphazard" approach to ensuring banks are not issuing excessive perks to staff.

The government had said that it could not block payments made to Royal Bank of Scotland workers, despite the fact that 82 per cent of the institution is owned by the state.

"It is pro-business to demand responsibility at the top and an end to the something-for-nothing culture which has damaged our economy in the financial crisis at every level," commented Mr Miliband during a speech at Sheffield University last night (February 9th).

A number of organisations, including consumer group Which?, have called for bankers' bonuses to be scaled down in order to account for losses accrued through payment protection insurance payouts.

Samantha Clarke

Samantha is a former banking assistant and has over ten years experience in retail banking.ADNFCR-2776-ID-801289895-ADNFCR

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