Finally, a significant head has rolled from the top of a major British bank. One of the most shameful aspects of this process has been the refusal of those who run our banks to accept any culpability. Their sneering superiority has seen them cling to their multi-million-pound packages and heavily-funded lifestyles in the face of growing evidence that they were to blame. ... more
This week sees a defining moment for the City. We will know whether Royal Bank of Scotland management has persuaded shareholders to forgive their foolish ways.... more
The City reacted badly to a £300 million rights issue from mortgage bank Bradford, not least because it appears to be paying £24 million to raise the money... more
Exclusive: After high-profile allegations this season, Charlton's manager is pleased the issue is now being addressed but says the authorities still have plenty of work to do
Morning:
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