George Osborne: Too soon to forgive UK bankers for failures and scandals

Bankers hoping to move on from the financial failures and scandals of 2008 and afterwards got little succour from Britain’s top two financial officials yesterday, who told them the time was not right.

It is “totally understandable” that the public is still angry about bailing out banks in 2008 and not enough time has passed for the more stringent banking regulation to be relaxed, British finance minister George Osborne said at a conference.

Bank of England Governor Mark Carney said much the same in a television interview.