Lloyds must limit bonuses - Darling

Last month, Lloyds’ chief executive Eric Daniels controversially said it would be unfair on his staff should they go without bonus payments for their hard work. But speaking before the Treasury Select Committee this afternoon, Alistair Darling said Lloyds TSB would have the same conditions as other banks using taxpayer's cash to bolster their balance sheets, which will include limitations on bonus payments. The full details of any terms attached to the use of Government cash have yet to be decided, but Darling says these will be published following talks with the banks involved in the s...