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Time over for banker remorse? Labour must beware relying on the City for economic growth | Richard Partington

Financial crisis of 2008 should not be forgotten as reinflation of banking industry could hurt other priority sectors“There was a period of remorse and apology for banks and I think that period needs to be over.” So said Bob Diamond, the eight-figure-earning Barclays chief executive more than a decade ago.“We need our banks willing to take risks, to be confident and to work with the private sector in the UK to create jobs and improve economic growth.” Continue reading...

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