More City reforms needed, Bank of England governor tells forum
by Jill Treanor from on (#T84Z)
Mark Carney tells audience 'heads I win; tails you lose' capitalism is coming to an end but more needs to be done
George Osborne has said City fraudsters should receive the same treatment as shoplifters as he joined forces with the governor of the Bank of England, Mark Carney, to promise the public that the scandal-hit financial sector was being cleansed of wrongdoing.
The chancellor said he understood the anger felt by voters towards bankers guilty of multimillion pound rip-offs and said they should be treated like other criminals if they broke the law.
