New survey suggests people favour cap on bosses' pay

29 January 2012 Last updated at 05:33 ET Help

As the row over RBS Chief Executive, Stephen Hester's £1m share bonus continues, a poll released today suggests most people favour a cap on bosses' pay.

The survey of over 2,000 adults by the independent monitoring body, the High Pay Centre, also found that two-thirds wanted to rein in "crony capitalism".

Almost as many did not believe that top pay rates were set in an open and transparent way.

The BBC's Business Correspondent Joe Lynam reports.

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