Lloyds boss Daniels to pocket £2m bonus

Eric Daniels, the head of Lloyds Banking Group, will receive a bonus of £2m this year, according to reports.He's turned down his annual reward for the past two years but Daniels, who leaves the part state-owned bank in March, is unlikely to this time, says the BBC.The 59-year-old, responsible for Lloyds's ill-fated takeover of Halifax-owner HBOS in 2008, could double his pay packet with another £2m from a long-term incentive plan. We'll find out next month.Barclays chief Bob Diamond, in line for an £8m payout this year, said yesterday he's still deciding whether to take it.But Lloyds, in which the government has a 41% stake following the multi-billion pound bail-out during the recession, has returned to profit and Daniels is taking the credit.Better margins at its core banking business and bad debts under control have kept its recovery on track despite 'subdued' loan demand, it said in November.