David Cameron and Ed Milliband
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Cameron and Miliband clash over banks inquiry

David Cameron and Ed Miliband have clashed in the Commons over the terms of an inquiry into the interest rate-rigging scandal surrounding Barclays.

The prime minister said a single parliamentary inquiry into the "appalling" events would be the most "swift and decisive" course of action.

But Labour's leader said this was "too narrow" and a much wider judicial probe into the culture of banking was needed.

Former Barclays boss Bob Diamond has been questioned by MPs.

Nick Robinson reports.

  • 04 Jul 2012
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