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.
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Bono said the death of Dennis Sheehan, who had been the band's manager for more than 30 years, was like "losing a family member".
Up until today Zurich has always been a safe haven for Fifa - an island could behave just how they wanted. Yesterday changed everything.
Prime Minister plans a whistle-stop charm offensive with EU leaders this week.