Labour mayoral candidate Red Ken Livingstone has made a series of contentious remarks about the banking
Ken Livingstone has provoked fresh controversy, after telling an audience: "Hang a banker a week until the others improve."
The British Bankers' Association rounded on the comments, made at an after dinner speech to the Electrical Contractors' Association on Wednesday evening, and reported in Friday's Sun. The paper said the Labour mayoral candidate was criticising the finance sector's failure to contribute to securing Britain's future at the time.
The British Bankers' Association hit back at the mayoral candidate's latest broadside against the industry. Chief executive Angela Knight said: "Continual demonisation of the entire banking industry – which employs around half a million ordinary, hardworking people in the UK and over 140,000 in London alone – is unhelpful and won't attract jobs and business to the UK.