The Press Association reports:
Image may be NSFW.
Clik here to view.Nick Clegg has ramped up the pressure on Bob Diamond by indicating he believed the Barclays chief executive should follow the lead of the bank’s chairman, Marcus Agius.
The Deputy Prime Minister said he had “no problem with more inquires” into what went wrong with the industry after Labour called for a Leveson-style investigation.
Mr Clegg sidestepped calls to directly demand Mr Diamond’s resignation, insisting it was not for politicians to hire and fire bankers.
But, during a visit to a school in east London, he insisted the buck stopped at the top.
He said: “I’m like everybody else in this in that now that the chairman of Barclays has fallen on his sword and has taken responsibility for what has happened, everybody is asking when are the other senior people at the top of Barclays going to take responsibility for the things that happened on their watch. I don’t think it is for politicians to individually hire and fire bankers, but I do think the buck stops at the top.”
* Newshound: bringing you the best Lib Dem commentary published in print or online.
