Britain's Cameron says to veto any plan to increase RBS pay pot

LONDON Wed Jan 15, 2014 7:20am EST

Britain's Prime Minister David Cameron leaves Downing Street in London December 19, 2012. REUTERS/Neil Hall

Britain's Prime Minister David Cameron leaves Downing Street in London December 19, 2012.

Credit: Reuters/Neil Hall

LONDON (Reuters) - British Prime Minister David Cameron said on Wednesday he would veto any proposal to increase the overall pay and bonus bill at the largely state-owned Royal Bank of Scotland (RBS.L).

"If there are any proposals to increase the overall pay, that is pay and bonus bill at RBS, at the investment bank ... we will veto it," Cameron told Britain's parliament.

(Reporting by William James; Editing by Andrew Osborn)

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