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
The proportion of ambulances hitting the eight-minute response time target in Wales has plummeted to just 42.6%.
The footballer, who was jailed for five years, claims the 'previously unavailable' information could help clear his name.
PC Steve Norton ran with baby Harrison despite wearing full body armour which weighed a stone after he stopped breathing.