Cable: HBOS chief did 'the right thing'
Business Secretary Vince Cable has said former HBOS chief James Crosby has done the right thing by denouncing his knighthood.
Mr Cable told the BBC, "I think people will respect the fact that he's taken that decision on his own voluntarily."
The Business Secretary has launched moves which could lead to three former directors of HBOS being banned from serving as company directors.
10 Apr 2013