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.
More top news
Critics are ambivalent to this year's slate of winners, who were picked in part by American directors Joel and Ethan Coen.
1.5m European citizens will miss out on the chance to vote on whether Britain stays in or quits the EU.
A quiet night ahead of us weather wise, with a mostly dry day tomorrow.