RBS chief executive Stephen Hester has warned that a proposed cap on banker bonuses will chase “economic activity ... to where the playing field is more favourable".
On the day the bank announced losses of £5.2 billion, Hester defended his record and justified his bonus.
“We're doing a lot for this country from a very big mess,” he said.
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The former England captain said he was "overwhelmed" by the messages he received from football fans after Rebecca died from cancer.
David Cameron said the measure, which will save £4 million by 2020, showed a commitment to his "all in this together" approach.
The party has dropped its opposition to an in/out referendum on EU membership and now supports a vote, acting leader Harriet Harman said.