Treasury Select Committee

Vince Cable has a senior moment over meetings

The Business Secretary, Vince Cable, faced embarrassment yesterday after he told MPs that a new committee set up to promote economic growth had not held any meetings – even though he attended two of them.

Diamond refuses to waive his £20m pay-off

Bob Diamond, the former Barclays chief executive, indicated he would fight to keep his multimillion-pound pay-off after stepping down in the wake of the interest rate-fixing scandal, despite admitting he was in charge of bankers whose "behaviour… was reprehensible".

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