Business

Gordon Brown memoirs: Barclays’ RBS bid in 2008 is a staggering revelation

Barclays’ appetite for blind risk and greed in the midst of financial crisis is an intriguing tale – somebody should now spill all the beans

Gordon Brown is not alone in thinking errant British bankers got off lightly in the 2008 financial crisis. We should also be worried that the former prime minister thinks the new criminal offence of reckless misconduct that causes a financial institution to fail, which was introduced after the crisis to address the perceived legislative weaknesses, may not be up to the job.

Related: Gordon Brown: Bankers should have been jailed for role in financial crisis

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