Latest Public Sector News


Party leaders argue over banking inquiry

David Cameron and Ed Miliband have clashed at PMQs about a proposed inquiry into culture and standards of the banking industry in the wake of the Barclays scandal and Bob Diamond’s resignation.

Cameron wants a short and sharp Parliamentary inquiry, led by Treasury select committee chairman and Tory MP Andrew Tyrie, while Labour is urging a more thorough judge-led public inquiry, comparable to the Leveson inquiry into phone hacking and media ethics.

The Labour leaders suggested the two could be combined: an initial inquiry focusing just on the Libor maniupation controversy, which would be followed by a longer probe into City culture more generally. Chancellor George Osborne has said one of the reasons he didn’t want to see a long public inquiry was because of the amount of time it would take.

Miliband criticised Cameron’s response to the controversy, saying: “Whenever these scandals happen, he is slow to act and he stands up for the wrong people.”

But he has not yet made clear what Labour will do if, as is almost certain, the Commons fails to back his call for a public inquiry tomorrow – whether he will support or oppose a Parliamentary inquiry if that is the only option on the table.

Cameron also addressed concern that Diamond could be in line for a multi-million pound pay-off following his resignation as Barclays chief executive. The PM said: “It would be completely wrong if people who were leaving under these circumstances were given some vast pay-off. It would be completely inexplicable to the British public and wouldn't be right and I very much hope that doesn't happen.”

Tell us what you think – have your say below, or email us directly at


There are no comments. Why not be the first?

Add your comment



public sector executive tv

more videos >

last word

Prevention: Investing for the future

Prevention: Investing for the future

Rob Whiteman, CEO at the Chartered Institute of Public Finance (CIPFA), discusses the benefits of long-term preventative investment. Rising demand, reducing resource – this has been the r more > more last word articles >

public sector focus

View all News


Peter Kyle MP: It’s time to say thank you this Public Service Day

21/06/2019Peter Kyle MP: It’s time to say thank you this Public Service Day

Taking time to say thank you is one of the hidden pillars of a society. Bei... more >
How community-led initiatives can help save the housing shortage

19/06/2019How community-led initiatives can help save the housing shortage

Tom Chance, director at the National Community Land Trust Network, argues t... more >


Artificial intelligence: the devil is in the data

17/12/2018Artificial intelligence: the devil is in the data

It’s no secret that the public sector and its service providers need ... more >

the raven's daily blog

What came first, the bad customer or the bad customer service?

17/03/2020What came first, the bad customer or the bad customer service?

Source: PSE Feb/March 20 Stephen Bahooshy, Senior Commissioning Manager and Nicky Selwyn, Carer and Service User Group Chair, Croydon Council.   Here it is... more >
read more blog posts from 'the raven' >

editor's comment

25/10/2017Take a moment to celebrate

Devolution, restructuring and widespread service reform: from a journalist’s perspective, it’s never been a more exciting time to report on the public sector. That’s why I could not be more thrilled to be taking over the reins at PSE at this key juncture. There could not be a feature that more perfectly encapsulates this feeling of imminent change than the article James Palmer, mayor of Cambridgeshire and Peterborough, has penned for us on p28. In it, he highlights... read more >