Diamond 'right to step down' says Ed Miliband

Help

Labour leader Ed Miliband says Barclays chief executive Bob Diamond's resignation was "necessary and right".

Mr Diamond said he was stepping down because the external pressure on the bank risked "damaging the franchise".

Mr Miliband said a judge-led inquiry of the banking industry was now needed.

BBC © 2013 The BBC is not responsible for the content of external sites. Read more.

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.