Ed Miliband seeks banker disciplinary code

Labour leader Ed Miliband has given his backing to suggestions that bankers should face being struck off if they are deemed unfit to do the job.

He told the Sunday Times that the banking industry should "take some responsibility" by stopping wrongdoers.

Striking off bankers in the same way as doctors can be was proposed last year by a cross-party commission.

Joe Lynham reports.

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