David Cameron announces inquiry into banking industry

PM says inquiry will report back by Christmas so that its proposals can form part of the financial services billDavid Cameron has announced that a joint committee of MPs and peers will investigate the banking industry by the end of the year, in the wake of growing political anger at recent scandals.Its remit will be […]
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Barclays Libor scandal: questions for Bob Diamond

Key questions for Barclays bank CEO Bob Diamond as he faces MPs at the Treasury select committee on WednesdayOn Wednesday Bob Diamond will be hauled before Andrew Tyrie MP and the rest of the Treasury select committee to explain his role in the Libor scandal. Here are a few of the questions he will have […]
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Barclays chief complains to MPs over tax avoidance scheme closures

Bob Diamond says Treasury move inflicted ‘unnecessary damage’ on the bank’s reputationBob Diamond, chief executive of Barclays, has complained to MPs about the “unnecessary damage” inflicted on the bank’s reputation after the move by the government in February to close two “aggressive” tax avoidance schemes.In a letter to Andrew Tyrie, the Conservative MP who chairs […]
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PM seeks to take heat out of pasty row

David Cameron reveals his love of Cornish pasties, saying he last ate one at Leeds railway station ‘and very good it was too’David Cameron has presented himself as a man of the people by revealing he likes Cornish pasties, and last ate a large one at Leeds railway station from the West Cornwall Pasty Company […]
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