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Carney warns bankers to adopt 'high ethical standards'

28 May 2014 Last updated at 00:23 BST

The governor of the Bank of England has criticised City greed and called for more to be done to tackle the problem of growing inequality.

Mark Carney said globalisation had resulted in huge earnings which were "amplifying the rewards of the superstar" while "disturbing evidence" suggested opportunities for social mobility were narrowing.

Kamal Ahmed reports.