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Archive: Banking Crisis
Shrinking economy 'made worse by austerity'
Britain's dire economic situation could have been avoided with less drastic public spending cuts, an economic think-tank has claimed.
Double-dip doubted as Balls slams austerity
More austerity: Grim Osborne ready to target richest and poorest
Confirmed: Double-dip recession even worse than feared
RBS boss: 'We will pay for Libor'
The Royal Bank of Scotland (RBS), will eventually pay for the Libor scandal, the bank's chief executive said yesterday.
Comment: It's up to savers to change the financial system
The secret to changing our society lies outside the system.
King 'gave Barclays revolver' to polish off Diamond
Mervyn King faces questions about his conduct after it emerged he privately pressured Barclays chairman Marcus Agius to force Bob Diamond's resignation.
Libor inquiry gutted of critical MPs
The two MPs who managed to draw blood from Bob Diamond have been left off the parliamentary Libor inquiry, according to reports.
Double-whammy: Bob Diamond loses pay-off and faces parliament recall
Bob Diamond waved his £20 million pay-off today and faced being recalled to parliament, following allegations he mislead the Treasury committee.
Ed Miliband banking reform speech in full
Read Ed Miliband's speech outlining his proposed reforms of the banking system in full with politics.co.uk.
Osborne position even weaker after Tucker interrogation
George Osborne's decision to personally attack Ed Balls appeared even less wise today, after Paul Tucker told MPs his only contacts over the Libor rate were with the Cabinet Office.
Two more banks: Labour's reform blueprint unveiled
Ed Miliband called for the creation of two new banks as he outlined his plan for "a better banking system" in a major speech today.
Miliband wants 'challenger' banks to shake up the high street
Ed Miliband is expected to propose forcing retail banks to give up hundreds of their high street premises to new 'challengers' in a speech tomorrow.
Comment: We're suffering from scandal fatigue
These outrages occur so often, and in so many walks of life, we've become almost immune to them.
Balls wants Osborne to grovel over Libor claims
Shadow chancellor Ed Balls is keeping up the pressure on George Osborne to retreat after last Thursday's "disappointing" Commons debate.
The Week in Review: Diamond in the rough
Never before have so many been so angry about something they barely understand.
Fraud Office opens Libor investigation
The likelihood of criminal charges over the Libor scandal increased dramatically today when the Serious Fraud Office (SFO) opened an investigation.
Coalition gets its way over bankers inquiry
A parliamentary inquiry into the professional standards of Britain's bankers is set to go ahead, despite an afternoon of acrimony across the despatch boxes.
Podcast: Banker-bashing reloaded
Following Barclays' £290 million fine for fiddling the interbank lending rate Libor the search for answers from Westminster has begun. But where will this end up? Will the inquiry into wrongdoing in the banking sector change anything?
Comment: The Shard is a grotesque monument for the rich
London's newest building is a symbol of a society broken by greed.
Savage Commons debate appears to scupper Libor inquiry
Government plans for a parliamentary inquiry into the Libor scandal seemed to be in deep trouble today, following a brutal Commons debate.
Sketch: Bob hearts Barclays, but MPs don't give Diamond much love
"Why are you so reluctant to tell us?" Andrew Tyrie asked Bob Diamond at the start of today's Treasury committee grilling. "I'm very suspicious," Tory Mark Garnier declared, three hours later. Nothing much had emerged in the interim.
Diamond refuses to name names as 'beloved' Barclays battered by MPs
Bob Diamond refused to name the government minister who allegedly put pressure on Barclays to 'lowball' its Libor rating during a gruelling appearance before MPs today.
Miliband and Cameron refuse to blink first in Libor inquiry battle
Labour and the government are still at loggerheads over the need for a judge-led inquiry into the Libor interest rate row, after both sides refused to budge on the issue.
PMQs sketch: Party interest wins out
Ed Miliband accused David Cameron of acting in the party interest, not the national interest, in prime minister's questions this lunchtime. But both leaders were guilty of exactly that - and MPs couldn't care less.
Nothing to lose? Diamond set to hit back in MP grilling
Politicians, bankers and regulators are all bracing for Bob Diamond's potentially explosive evidence to the Commons' Treasury select committee this afternoon.
Threatening the establishment? Bank of England dragged into Barclays scandal
The Bank of England was dragged into the Libor scandal today, after a Barclays submission to parliament suggested the deputy governor demanded Libor rates be lowered.
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