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Page last updated at 10:01 GMT, Saturday, 3 April 2010 11:01 UK

Barclays' head 'could get �18m'

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Business Secretary Lord Mandelson has personally attacked the president of Barclays, Bob Diamond, in an interview in The Times, describing Mr Diamond as the "unacceptable face" of banking for taking a £63m salary.

Barclays has reacted to the comments, stating that Mr Diamond's salary is £250,000.

Business editor Robert Peston explains the pay system for top business leaders and bankers.

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