Darling calls for bank 'culture change'

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Chancellor Alistair Darling last night expressed confidence Britain was on the road to economic recovery but warned the financial sector could not return to 'business as usual' and a 'culture change' for banks was essential.

Speaking at the annual Mansion House address, the Chancellor said while there were still many challenges to be faced he believed the measures put in place by the Government and the Bank of England were now supporting the financial system. Darling also praised other world leaders for the steps they had taken to stabilise their own economies and help progress economic recovery globally. "There is growing evidence the steps taken at home and internationally are stabilising the banking system and supporting our economies," said Darling. However, Darling said there is still more for the G2...

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