New rules which could mean rule-breaking bankers having their bonuses taken away are a 'big positive step', said Business Secretary Vince Cable.
The regulations will make bankers operate 'more responsibly' he said.
" I don't think anyone would have a quarrel with this. We have suffered enormously from the collapse of the banking system. We need to have a system of penalties in place to make sure this doesn't happen again," Dr Cable added.
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Tonight it'll stay wet across northern areas of Britain, with further showers pushing into the South West.
A boy who has spent three years caring for his older brother after he was injured falling off a motorbike has been honoured by Prince Harry.
This week will be more changeable with the remnants of ex-hurricane Joaquin heading towards the UK, bringing wet and windier conditions.