Call to strip Sir Fred Goodwin of his knighthood

 

An MP leading calls for Sir Fred Goodwin to be stripped of his knighthood urged the Whitehall committee which reviews honours to make a special case of the disgraced former banker today.

There were cross-party calls today for Goodwin's honour - granted for "services to banking" in 2004 - to be revoked because of the former RBS boss's role in the collapse of the bank, which had to be bailed out with £45 billion of taxpayers' money.

Prime Minister David Cameron is understood to be "sympathetic" to the calls.

But the demand may be thwarted by the rules of the Whitehall committee which makes recommendations to the Queen on the withdrawal of honours.

Officials said today that the Honours Forfeiture Committee would normally consider cases only where an individual has been jailed for more than three months or has been struck off or censured by a professional body for failings relevant to the granting of the honour.

The committee, chaired by Cabinet Secretary Sir Jeremy Heywood, reviews cases on the basis of information passed on by the Government department which originally nominated the individual - in this case the Treasury.

It does not normally consider submissions from third parties calling for honours to be removed.

The Cabinet Office said today that no proceedings had been started in the case of Sir Fred, but declined to reveal whether the committee had received any letters demanding the withdrawal of his knighthood.

Conservative MP Matthew Hancock - one of 11 MPs, peers and members of the Scottish Parliament to speak out on the issue in the Daily Mail today - said he hopes to persuade the committee to make a special case of Goodwin.

"I can't think of a better case for an exception to be made," Mr Hancock told the Press Association.

Today's demands were "a first step", and supporters of the withdrawal of the knighthood would now aim to build up a head of steam behind their demand, he said.

Mr Hancock told the Mail: "No one has ever presided over a bigger corporate disaster that has had implications for every single family in Britain than Fred Goodwin.

"The knighthood given to him by (then chancellor) Gordon Brown is inappropriate for someone who was reckless at the helm of one of Scotland's oldest institutions."

Answering questions after a speech in central London, Mr Cameron said the committee would be considering the case.

"I think it is right that there is a proper process to be followed for something of this order," he said.

"There is a Forfeiture Committee in terms of honours that exists and will now examine this issue.

"I think that it is right that it does so, it is right that there is a proper process.

"Obviously it ought to take into account the Financial Services Authority (FSA) report which I think is material and important because of what it says about the failures at RBS, who was responsible and all the rest of it.

"But there is a committee, they should do the work rather than the Prime Minister himself or herself."

PA

Start your day with The Independent, sign up for daily news emails
PROMOTED VIDEO
Have you tried new the Independent Digital Edition apps?
ebooks
ebooksA special investigation by Andy McSmith
2015 General Election
May2015

Poll of Polls

Latest stories from i100
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

iJobs Job Widget
iJobs General

Tradewind Recruitment: Geography Teacher

£90 - £140 per day: Tradewind Recruitment: We are currently looking for a Geog...

Tradewind Recruitment: Phase Co-ordinator for Foundation and Key Stage 1

Negotiable: Tradewind Recruitment: Phase Co-ordinator for Foundation and Key S...

Tradewind Recruitment: SEN Teacher

Negotiable: Tradewind Recruitment: SEN Teacher We have a fantastic special n...

Tradewind Recruitment: History Teacher

Negotiable: Tradewind Recruitment: My client is an 11-18 all ability co-educat...

Day In a Page

Isis hostage crisis: The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power

Isis hostage crisis

The prisoner swap has only one purpose for the militants - recognition its Islamic State exists and that foreign nations acknowledge its power, says Robert Fisk
Missing salvage expert who found $50m of sunken treasure before disappearing, tracked down at last

The runaway buccaneers and the ship full of gold

Salvage expert Tommy Thompson found sunken treasure worth millions. Then he vanished... until now
Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Homeless Veterans appeal: ‘If you’re hard on the world you are hard on yourself’

Maverick artist Grayson Perry backs our campaign
Assisted Dying Bill: I want to be able to decide about my own death - I want to have control of my life

Assisted Dying Bill: 'I want control of my life'

This week the Assisted Dying Bill is debated in the Lords. Virginia Ironside, who has already made plans for her own self-deliverance, argues that it's time we allowed people a humane, compassionate death
Move over, kale - cabbage is the new rising star

Cabbage is king again

Sophie Morris banishes thoughts of soggy school dinners and turns over a new leaf
11 best winter skin treats

Give your moisturiser a helping hand: 11 best winter skin treats

Get an extra boost of nourishment from one of these hard-working products
Paul Scholes column: The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him

Paul Scholes column

The more Jose Mourinho attempts to influence match officials, the more they are likely to ignore him
Frank Warren column: No cigar, but pots of money: here come the Cubans

Frank Warren's Ringside

No cigar, but pots of money: here come the Cubans
Isis hostage crisis: Militant group stands strong as its numerous enemies fail to find a common plan to defeat it

Isis stands strong as its numerous enemies fail to find a common plan to defeat it

The jihadis are being squeezed militarily and economically, but there is no sign of an implosion, says Patrick Cockburn
Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action

Virtual reality: Seeing is believing

Virtual reality thrusts viewers into the frontline of global events - and puts film-goers at the heart of the action
Homeless Veterans appeal: MP says Coalition ‘not doing enough’

Homeless Veterans appeal

MP says Coalition ‘not doing enough’ to help
Larry David, Steve Coogan and other comedians share stories of depression in new documentary

Comedians share stories of depression

The director of the new documentary, Kevin Pollak, tells Jessica Barrett how he got them to talk
Has The Archers lost the plot with it's spicy storylines?

Has The Archers lost the plot?

A growing number of listeners are voicing their discontent over the rural soap's spicy storylines; so loudly that even the BBC's director-general seems worried, says Simon Kelner
English Heritage adds 14 post-war office buildings to its protected lists

14 office buildings added to protected lists

Christopher Beanland explores the underrated appeal of these palaces of pen-pushing
Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Human skull discovery in Israel proves humans lived side-by-side with Neanderthals

Scientists unearthed the cranial fragments from Manot Cave in West Galilee