Champagne flutes
Media playback is unsupported on your device

Carney tells banks to end 'socially useless' activities

The governor of the Bank of England has called for a cultural change in financial institutions and an end to activities he deemed, "socially useless".

Mark Carney said banks must focus on the real economy of jobs and businesses.

Hugh Pym reports.

Go to next video: Financial institutions 'have to change culture'