~RS~q~RS~~RS~z~RS~32~RS~)
Cable concerned over stability of banking system
The Business Secretary, Vince Cable, has expressed concern about the appointment of the investment banker, Bob Diamond, as the new chief executive of Barclays.
Mr Diamond has been criticised in the past for earning huge City bonuses and was described by the last government as "the unacceptable face of banking".
Mr Cable said that the combination of traditional banking with investment banks poses serious issues for the future stability of the whole system.
Most watched/listened
-
Tribes untouched by civilisation
-
Tibetans 'burn alive' in protests
-
Northern Lights captured from space
-
Thousands of troops storm US coast
-
Russia finds vast sub-glacial lake
-
James Marsh on his IRA thriller
-
Deadly shelling hits Syrian city
-
Half donkey, half zebra - it's a donkra!
-
Giant octopus lands in Yorkshire
-
Teenagers caught out by sniffer dog
-
'Despair and hysteria in Homs'
-
Close-up: Japan's amazing lunchboxes
-
Ai Weiwei hopes to visit UK design
-
Living like London's super-rich
-
Maldives 'will go to the dogs'
