Senior bankers guilty of reckless misconduct in the management of a bank should be jailed, the Banking Commission has concluded in its final report.
It was one of a serious of recommendations made by the cross-party commission.
Chancellor George Osborne welcomed the report's proposals, calling it "very impressive work".
ITV News' Business Editor Laura Kuenssberg reports.
More top news
Some showers in the north will be enough to produce hail and thunder but it should be a drier and brighter day in the south and east.
Leonie Granger deliberately targeted Mehmet Hassan, who was robbed and kicked to death by two men she let into his flat.
Pop and soul singer Sam Smith has cancelled the rest of his Australian tour after doctors discovered a haemorrhage on his vocal cords.