Chancellor George Osborne is warning that capping bankers' bonuses will drive banking business away from the EU, and the UK.
New plans for banks to set aside more money to help small business, will see stricter limits on salaries to increase liquidity.
At a meeting in Brussels today, ministers will consider a provisional proposal pushed last week by MEPs and backed by the European Commission.
More top news
The Yellow Cloud electric guitar that Prince played in numerous concerts has sold for more than £100,000 at auction.
An athlete had his eye pierced with a javelin after running and tripping onto the spear during a competition.
Alastair Stewart explains how significantly he rates the UK's decision to leave the EU as a political story.