One final round of quantitative easing should be used across Europe to clear government deficits, according to a rebel banking inquiry
The relationship between David Cameron and Mitt Romney got off to a bad start today as the prime minister rebuked the Republican candidate for talking down the London Olympics.
Mervyn King faces questions about his conduct after it emerged he privately pressured Barclays chairman Marcus Agius to force Bob Diamond's resignation.
Westminster has added its weight to the pressure on senior Barclays executives to resist Bob Diamond's £17 million 'golden parachute'.
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?
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.
Politicians, bankers and regulators are all bracing for Bob Diamond's potentially explosive evidence to the Commons' Treasury select committee this afternoon.
Party politics is threatening to scupper the parliamentary inquiry into wrongdoing in the banking sector proposed by ministers yesterday.
Party political squabbling is threatening the establishment of a major parliamentary inquiry - but this is too good an opportunity for MPs and peers to waste.
Barclays chairman Marcus Agius has become the first big head to roll in the Libor scandal after resigning this morning.
Bankers responsible for the Libor scandal should face a criminal investigation, Vince Cable has said.
Public anger doesn't guarantee retribution for Britain's bankers, journalists or politicians.
Ministers are set to strengthen sanctions against those responsible for the Barclays Libor scandal.
Barclays bank faced outrage from its shareholders at its annual general meeting today, with close to 27% voting against executives' pay.
High street bank Barclays is being forced to pay £500 million to the taxman after an unusual move from ministers.
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