Chair of the Treasury Select Committee Andrew Tyrie says the Co-op Bank's shortcomings have become 'a familiar story' in the banking world.
Being owned by a mutual, the Co-op Bank differed from most of its competitors. But on today's evidence, its shortcomings did not. A lack of personal accountability at senior levels, ineffective corporate governance and insufficient experience and expertise among those taking the decisions; this has become a familiar story.
More top news
Flights from UK airports were an average of 15 minutes late in 2017.
The Royal Horticultural Society has already pledged its Feel Good Garden will live on at a Camden and Islington Mental Health Trust site in
The Foreign Affairs Committee says it is ‘business as usual’ in the City for Kremlin allies despite the Salisbury nerve agent attack.