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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/01/bank-bonuses-not-a-done-deal.jpg"><img class="alignnone size-full" title="Prime Minister David Cameron has said he is in talks with banks over bonus payments" src="http://londonglossy.com/wp-content/uploads/2011/01/min-bank-bonuses-not-a-done-deal.jpg" alt="Prime Minister David Cameron has said he is in talks with banks over bonus payments"/></a></p>
<p>David Cameron has insisted that he has not given up on efforts to rein in bankers&#8217; bonuses amid public fury over rewards for failure.</p>
<p>The Prime Minister said &#8220;detailed discussions&#8221; are still going on between the Treasury and major institutions over the scale of their payouts in the wake of the Government&#8217;s intervention to prop up the financial system.</p>
<p>And he dismissed as &#8220;almost certainly wrong&#8221; reports that Stephen Hester, chief executive of the state-controlled Royal Bank of Scotland, could get £2.5 million.</p>
<p>Barclays boss Bob Diamond stoked controversy over bonuses last week when he told MPs that neither the PM nor Chancellor George Osborne had asked him directly to take a reduced sum.</p>
<p>Speaking on BBC Radio 4&#8217;s Today programme, Mr Cameron confirmed that he had not had a &#8220;specific conversation&#8221; with Mr Diamond.</p>
<p>But he added: &#8220;We are having really detailed discussions with Barclays, with the other major clearing banks, to try to get a settlement of this whole issue.</p>
<p>&#8220;Let me tell you what I want. I want the bonus pools to be lower, I want the taxes that the banks pay to be higher, and vitally I want the lending that they do to businesses &#8211; particularly small businesses &#8211; in our economy to increase.&#8221;</p>
<p>Mr Cameron said the payouts were &#8220;not a done deal&#8221;, and negotiations would conclude over the coming weeks.</p>
<p>A deal would have to be reached over RBS that ensured &#8220;public confidence&#8221; was maintained.</p>
<p>Referring to Mr Hester, the Prime Minister said there were contractual issues, but added: &#8220;What you saw in the newspapers about the payment he is going to get, that is almost certainly wrong.&#8221;</p>
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