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 elderly woman's son complained to the council that his mother had been deprived of her liberty in an 'unprecedented' legal case.
A suspected drunk driver ploughed into a crowd during Mardi Gras celebrations in the southern US city.
The singer had been tweeting in support of migrants when she was bombarded with abusive messages.