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Analysts question RBS bonus cap impact

UK politicians are pushing for a tough application of a EU cap on bank bonuses at RBS, despite its shrinking investment bank

Royal Bank of Scotland is less likely to be hit by a European Union-wide cap on bankers' bonuses than its peers, banks analysts have said, as UK politicians push for a tough application of the rule at the state-owned bank.

The UK's opposition Labour Party is urging Chancellor of the Exchequer George Osborne to block RBS from paying top staff bonuses worth twice the amount of their salaries.

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