Barclays Bank: Labour agree to co-operate with probe
5 July 2012 Last updated at 18:44 BST
Labour will co-operate with a parliamentary probe into the the rate-rigging scandal at Barclays and other banks, despite its MPs voting against it in a Commons showdown.
Shadow chancellor Ed Balls said his party respected the will of Parliament, but also voiced serious concerns over the scope of the proposed inquiry.
James Landale reports.