Coming days after RBS announced a £607m bonus pool to "reward" staff for losses of £5bn, Boris' defence of the banking industry is in itself deluded - and as far as the UK economy is concerned, self-defeating.

The Chancellor's announcement today is audacious. He rode roughshod over a careful and open appointments procedure to ensure that Britain will, for the next eight years have a governor of the Bank of England whose experience, history and record is totally aligned with 'the takers' - the bankers and speculators that have asset-stripped the British economy.

Disgraced peer Lord Hanningfield spent more than £286,000 on a council credit card over a five-year period. Essex County Council published a full ...

Tory MP Sam Gyimah has suggested that regulators in the US have "jumped the gun" because they have "an agenda" in their pursuit of British investment ...

Ed Miliband went to the City on Monday of this week to give a speech on the banking crisis. There was not much unusual about that, you might think. But the way he opened his address said almost everything you need to know about Ed Miliband's leadership and his sense of where his party is headed.

Presumably Bob Diamond, the former Barclays boss, was touched to see his daughter speak up for him on Twitter the other day. But it's not clear that her more profane comments (look them up) were entirely helpful.

Labour leader Ed Miliband and shadow chancellor Ed Balls have been outlining how they would break up Britain's big five high street banks, believing t...

Bob Diamond will appear in Westminster at 2pm on Wednesday to answer questions from the Treasury committee on the Libor interest rate fixing scandal. ...

If something looks too good to be true, it is. If someone tells you they can conjure money from thin air, they're lying. The City of London has been both too good to be true and seemingly magically producing money for several decades, and following the latest round of revelations about bankers' slavering greed, the game, I hope, is about to be up.

There's just over a week to go until London choses its next Mayor, and the polls are getting very tight. The latest YouGov poll published on Monday s...

French and German plans to introduce a Financial Transaction Tax - also known as an FTT or "Tobin Tax" - would damage Britain's economy, even though ...