AOL.com Video - UK Fights Alone Against EU Bonus Cap

VIDEO:News

UK Fights Alone Against EU Bonus Cap

Description:On a mission. British Finance Minister George Osborne headed to Brussels hoping to persuade his EU counterparts to water down their plans to cap bankers' bonuses. But he didn't find much support. Last week, the EU parliament agreed on measures to prevent bankers getting bonuses bigger than their annual salaries. It's popular with voters but the draft legislation hasn't gone down well in the City of London, Europe's financial capital. (2:10)

Source: Reuters

Tags: reuters , Alastair McCaig , europe , finance minister