UK Prime Minister David Cameron
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David Cameron rejects 'snap' decision on banks inquiry

Prime Minister David Cameron has said he will not be pushed to make a "snap" decision about whether or not to order an inquiry into the banking system as a whole.

Earlier, ministers announced an independent review of the workings of the Libor inter-bank lending rate in the wake of the scandal at Barclays.

Labour has called for a full public inquiry in the wider industry.

  • 30 Jun 2012
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