Cable: Banking reforms will go ahead

On Tuesday, CBI director general John Cridland said taking action to reform banks now would be "barking mad". But Cable said it was "disingenuous in the extreme" to warn reform could damage economic recovery, the Times reports. Ensuring taxpayers are not liable for any future losses or bank collapses and ring-fencing banks' retail operations are among recommendations. Anxieties about the big financial institutions were "all the more reason for grappling with this issue", Cable told the Times. He said: "It is disingenuous in the extreme to use the current context to argue agains...