Ten Things You Need to Know Today: Wednesday 19 Jun 2013

1. COALITION URGED TO JAIL RECKLESS BANKERS

The Commission on Banking Standards, set up by George Osborne last year, has finally reported to Parliament - and it is urging the government to impose tougher penalties for misbehaviour in banks, including jail terms for reckless senior bankers. The Treasury called the report “a very impressive piece of work”.

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