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... and will not come as a surprise to the staff in Barclays. There is no doubt that he accepted the rapacious greed of a number of traders and key operators in the Barclays investment arm. Their behaviour was allowed to flourish unchecked to the detriment of the business and individual customers that trusted the integrity of British banking. It would add further offence if he was granted a golden goodbye for on departure.

“Whoever succeeds Bob Diamond must put the livelihoods of the workforce, the thousands of innocent workers who deal with customers every day, at the heart of rebuilding trust in Barclays. Let’s not forget that these workers must now pick up the pieces of this latest banking scandal tend to be low paid and working under intense pressure.

“The remit of the banking enquiry must now be clearly defined to ensure that the cultural and ethical problems that exist at the top of the financial services sector are challenged. This can only happen with the involvement of staff representatives. This nation has no chance of getting a grip of the banks if those who play fast and loose with the rules do so with impunity.”

For more information please contact: Saba Edwards, Unite the Union on: 07768 693 953.