Barclays handed the job of restoring its tarnished reputation to an insider today as another scandal threatened to engulf the UK bank.

Former Barclays deputy chairman Nigel Rudd has slammed MPs for a “completely unacceptable” attack on the bank’s embattled ex-boss Bob Diamond, it was reported today.

The rate-rigging scandal that has rocked the banking industry showed no signs of abating today as US authorities summoned three British banks for questioning.

Three British banks have been subpoenaed in America over the possible manipulation of an important global interest rate.

EasyJet fended off an attempt to oust its chairman yesterday in the latest spat between the low-cost airline’s founder, Stelios Haji-Ioannou, and its directors.

POLITICIANS from around the world say they doubt a meaningful global trade agreement will be struck this year and fear the rapid growth of self-serving side deals could kill it off completely.

Chancellor George Osborne is looking at watering down rules that would have forced banks to disclose huge pay deals for top City workers, it was reported today.

The FTSE 100 Index advanced almost 2% today as the International Monetary Fund’s upgrade of global growth prospects boosted sentiment.

A Catholic cardinal urged tougher action against paedophiles after the church confirmed two Irish priests accused of molesting girls continued working in Australia's two largest cities despite being barred.

Banks in the UK would have to disclose the number of employees taking home half a million pounds or more under draft British Government plans on top earners, it was revealed today.

London: British banks face the toughest bonus regime in the world if proposals outlined in a government- commissioned report are accepted, according to its author, Morgan Stanley Senior Adviser David Walker.

THE World Trade Organisation (WTO) has announced the appointment of New Zealand Ambassador Dr David Walker as chairman of the pivotal negotiations on agriculture.

Tensions in Thailand were mounting tonight as stranded holidaymakers were forced to wait it out in Bangkok.

TWO weeks after their humiliating 31-point drubbing in Tralee, Abrakebabra Tigers travel to Cork tonight in search of revenge from defending Superleague champions, UCC Demons.

New Barnsley chairman Gordon Shepherd has revealed that Peter Ridsdale’s desire not to operate in a company he owned less than half of has resulted in his resignation and that of chief executive David Walker.

British supermarkets are padding out raw pork with added water and selling it alongside fresh meat, it emerged today.

A 28-year-old man who shot himself in the testicles with a sawn-off shotgun has been jailed for five years.

The Bush administration was guilty of spreading “covert propaganda” through a series of ready-made television “news” packages it sent to broadcasters, a US government watchdog has concluded.

LEEDS striker Robbie Fowler’s 11th-hour decision to turn his back on a £7 million move to Manchester City looks set to have major repercussions for Terry Venables.

The race to host the European Championships finals in 2008 enters a crucial stage this afternoon.

Neil Manchip fired a closing three-under-par 68 at Greenore to win the Killester Travel PGA Challenge Trophy tournament - his second major win of the season.

A putting tip from Bobby Browne half-an-hour before tee-off helped Liam Bowler to a course record at Greenore, during the opening round in the 36-holes Killester Travel PGA Challenge Trophy tournament.

A putting tip from Bobby Browne half-an-hour before tee-off helped Liam Bowler to a course record at Greenore, during the opening round in the 36-holes Killester Travel PGA Challenge Trophy tournament.

David O’Leary’s rollercoaster reign at Leeds ended today with the shocks news that he had been sacked.

David O’Leary was today sacked by Leeds United.

Carlisle United have been placed into voluntary administration in a bid to safeguard their future.

Leeds striker Alan Smith’s impending five-match ban has jeopardised his chances of playing for England in this summer’s World Cup.

Slade Valley Club professional John Dignam joined Challenge Tour players

David Walker retained the £12,000 PGA Challenge title at Greenore with a closing four-under-par 67 for a two rounds total of five-under 137 and a three shots lead over the field.

David Walker likes the Greenore course.