Lloyds bonuses 'will be lowest'

Press Association
Lloyds TSB
Lloyds TSB

Bonuses at part-nationalised Lloyds will be the lowest of any bank this year, its chairman has told MPs and peers.

Sir Winfried Bischoff said the bank's board and remuneration committee would be "very much aware" of public opinion on the matter of City bonuses, particularly at state-backed institutions.