Diamond 'dismayed' over claims

The former Barclays boss Bob Diamond has written to the Treasury Committee chairman saying he is "dismayed" over suggestions by members that he was "less than candid" when he gave evidence last week.

View all 227 updates ›

Lord Oakeshott: 'Bob Diamond's departure is a great day for democracy'

Lib Dem peer Lord Oakeshott, who led calls for Mr Diamond to resign in the wake of the scandal has said "Bob Diamond's departure is a great day for democracy".

He is the symbol of the gambling and greed we must root out of our banking system.

Now the top priority is to catch the criminals, break off the casinos from the basic banks and make them lend.

We must never again let the rich and powerful in the City or the media get their hands round the windpipe of Government.

– Lib Dem peer Lord Oakeshott

More on this story