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UK government and bank chiefs to meet over bonuses

Business secretary urges 'real restraint' during the upcoming bonus season

The UK government will sit down with bank executives to discuss the issue of bankers' bonuses and lending to small business, business secretary Vince Cable said.

A spokesman for the business department said the meeting is expected to take place on Monday, and Chancellor of the Exchequer George Osborne will take part. The spokesman said senior executives from leading UK banks will be at the meeting.

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