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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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Ed Miliband combats 'take-what-you-can culture' in banking

Ed Miliband giving a speech at the Co-operative Bank in London

The Labour leader Ed Miliband is giving a speech at the Co-operative Bank in London.

He has called for "an economy based not on the short-term, fast buck, take-what-you-can culture we see too much of in our banks today. But on long-termism, patient investment, and responsibility shared by all."

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