Labour's 'banking revolution'

Labour leader Ed Miliband has called for a major overhaul in the banking sector. Miliband called for an increase in the power of the Serious Fraud Office and an end to 'light touch' regulation.

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Banks should play 'stewardship role' for businesses

Ed Miliband is describing how to move from the "casino banking we have to the stewardship banking we need".

He said banks no longer care about the success of the firms they lend to because they are too concerned with making an "immediate return".

He said banks should have a "fundamental duty to serve the real economy".

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