Ed Miliband calls for 'revolution in banking'
The Labour leader, Ed Miliband, has called for a "revolution in banking" to make the industry more competitive.
He told a newspaper the biggest high street banks should be forced to sell hundreds of branches to two new so-called "challenger banks".
His comments came as the Business Secretary Vince Cable accused big banks of "throttling" the recovery of British industry.
Political Correspondent Ben Wright reports.
08 Jul 2012
- From the section UK Politics