Britain's dire economic situation could have been avoided with less drastic public spending cuts, an economic think-tank has claimed.
The Royal Bank of Scotland (RBS), will eventually pay for the Libor scandal, the bank's chief executive said yesterday.
The secret to changing our society lies outside the system.
Mervyn King faces questions about his conduct after it emerged he privately pressured Barclays chairman Marcus Agius to force Bob Diamond's resignation.
The two MPs who managed to draw blood from Bob Diamond have been left off the parliamentary Libor inquiry, according to reports.
Bob Diamond waved his £20 million pay-off today and faced being recalled to parliament, following allegations he mislead the Treasury committee.
Read Ed Miliband's speech outlining his proposed reforms of the banking system in full with politics.co.uk.
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.
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.
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.
These outrages occur so often, and in so many walks of life, we've become almost immune to them.
Shadow chancellor Ed Balls is keeping up the pressure on George Osborne to retreat after last Thursday's "disappointing" Commons debate.
Never before have so many been so angry about something they barely understand.
The likelihood of criminal charges over the Libor scandal increased dramatically today when the Serious Fraud Office (SFO) opened an investigation.
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.
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?
London's newest building is a symbol of a society broken by greed.
Government plans for a parliamentary inquiry into the Libor scandal seemed to be in deep trouble today, following a brutal Commons debate.
"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.
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.
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.
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.
Politicians, bankers and regulators are all bracing for Bob Diamond's potentially explosive evidence to the Commons' Treasury select committee this afternoon.
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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