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You're reading: British PM backs shareholder curbs on big bonuses
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Cameron blamed what he called the "merry-go-round" in which a small group of boardroom directors approve each other’s excessive packages to the detriment of their own companies.

He said he was aware that most people are furious that some top executives have received huge remuneration, despite their firms not improving their performances.

"Big rewards when people fail make people’s blood boil," Cameron told the BBC in an interview.

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