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Co-op’s latest blunder could mean the end of ethical banking

The Co-operative Bank is no longer. What was once an experiment in working class self-help has become the latest victim of rapid changes sweeping the financial sector. It seems unlikely that the ethical values on which the bank was built will survive the transition.

Should “Reckless” Bankers Face Jail?

The Parliamentary Commission on Banking Standards has produced its long-awaited report on the financial sector, which attacks the lack of accountability of bankers for their actions and said bonuses should be deferred for ten years to prove success.

Politics

Clock Tower and Houses of Parliament, London

MP’s Slate New Government Lobbying Proposals

The coalition government’s proposals to introduce a compulsory lobbying register have been dealt a severe blow after a powerful committee of MPs concluded the plan is too limited and should be scrapped.