Ed Miliband has called for a return to a form of banking where banks actually look after small businesses and individual customers, rather than trying to sell them complicated financial products that leave them out of pocket.
Labour remains sensitive about its own track record on financial regulation. The Shadow Chancellor Ed Balls described my suggestion that the regulation was toothless as "claptrap".
But the public will probably agree with much of what was said, especially about bonuses and Bob Diamond keeping his.
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It comes after the collapse of BHS in 2016 with a £571 million deficit in its pot for 19,000 pension holders.
One newspaper has picked a northern city as Britain's best place to live, due to its ancient beauty and recent modernisation.
A shock to the system