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Source: Daily Mail, LondonNov.迷你倉 13--The man responsible for overseeing taxpayers' stakes in bailed-out banks resisted pressure from the Chancellor to cut bonuses at Royal Bank of Scotland and Lloyds more sharply.Robin Budenberg, chairman of UKFI, told the Treasury Select Committee that the proposed reductions were not 'commercially acceptable'.UKFI, which was set up after RBS (down 8.2p to 331.6p) and Lloyds (down 0.62p to 76.15p) were bailed out with pounds sterling 66bn of taxpayers' money, said it had stepped in to limit the cuts.But last night Deborah Hargreaves, chair of campaign group the High Pay Centre, said: 'It's a bit of a wasted opportunity that UKFI did not require RBS to stop paying massive bonuses.'Pay curbs at RBS and Lloyds have limited cash bonuses to a maximum of pounds sterling 2,000. But many have still received handsome share bonuses and long-term pmini storagerformance-related payouts.Last year 95 RBS staff were paid at least pounds sterling 1m, despite the bank slumping to a pounds sterling 5.2bn loss. The equivalent figure at Lloyds was 25. Giving evidence to MPs, Budenberg also revealed the gulf between the UKFI and senior management at RBS over the timescale for its re-privatisation.Earlier this year RBS's chairman Sir Philip Hampton had predicted the process could begin towards the end of next year. But Budenberg said it was not a 'serious prospect' in the last two years.James Leigh-Pemberton, UKFI's chief executive, added plans confirmed last week to park pounds sterling 38bn of RBS's most toxic assets in an internal 'bad' bank could speed up reprivatisation.Copyright: ___ (c)2013 Daily Mail (London, ) Visit the Daily Mail (London, ) at .dailymail.co.uk/home/index.html Distributed by MCT Information Services迷你倉