Published on 3 Jul 2012 by RussiaToday
The chief executive of the UK’s third-largest bank – Barclays’ – has resigned in a deepening financial scandal. Homeowners and businesses were overcharged for loans during the credit crunch – because the lender was fixing a system of inter-bank lending rates. The government’s ordered a full parliamentary inquiry into the country’s banking sector. RT talks to Chris Roebuck from the Cass Business School in London.