Ten Things You Need to Know Today: Wednesday 1 Feb 2012

1. BACKLASH OVER GOODWIN ‘HYSTERIA’

Business leaders have slammed the decision to strip former RBS boss Fred Goodwin of his knighthood. The Institute of Directors said politicians are creating "anti-business hysteria". Former CBI head Lord Digby Jones said there is "the faint whiff of the lynch mob on the village green".

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