Diamond pay-off is 'vast sum of money'

Business Secretary Vince Cable has said former Barclays boss Bob Diamond's £1.5m to £2m pay-off is a "vast sum of money."

He said: "A vast sum of money by most peoples standards given he's already taken a lot of money out of the company."

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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.