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		</div><p><a href="http://londonglossy.com/wp-content/uploads/2011/01/rbs-should-be-bonuses-backmarker.jpg"><img class="alignnone size-full" title="The Royal Bank of Scotland should be a 'back-marker and not a market leader' when it comes to bonuses, Michael Moore said" src="http://londonglossy.com/wp-content/uploads/2011/01/min-rbs-should-be-bonuses-backmarker.jpg" alt="The Royal Bank of Scotland should be a 'back-marker and not a market leader' when it comes to bonuses, Michael Moore said"/></a></p>
<p>The Royal Bank of Scotland should be a &#8220;back-marker and not a market leader&#8221; when it comes to handing out bonuses, the Scottish Secretary said.</p>
<p>Michael Moore told MPs bankers should have to make &#8220;adjustments&#8221; with other members of the public as the country comes of out recession.</p>
<p>He said: &#8220;As the predominant shareholder in RBS, the Government expects the bank to be a back-marker and not a market leader on bonuses.</p>
<p>&#8220;People across the country are having to make adjustments as we come out of recession and repair our public finances. Everyone expects bankers to be part of this process.&#8221;</p>
<p>Mr Moore&#8217;s comments came after a question from Labour&#8217;s Anas Sarwar, who represents Glasgow Central, about bankers at RBS receiving large bonuses.</p>
<p>Mr Sarwar added: &#8220;Given the FSA report found that there were 1.1 million complaints by RBS customers in one year and more than 50% of those were shown to have been dealt with inappropriately, do you think it&#8217;s appropriate for RBS executives to receive large bonuses this year and if not what are you going to do to deal with it?&#8221;</p>
<p>Mr Moore said the agreement to pay bonuses at market rates was agreed with the Labour Government when it took control of RBS during the banking crisis. It currently owns 70% of the bank.</p>
<p>The Secretary of State added: &#8220;We want to see bonuses lower this year than last year, that&#8217;s absolutely clear cut.&#8221;</p>
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