Bob Diamond, the president of Barclays Capital, has laid into Barack Obama's plans to limit the size of the banks, warning that what he sees as an electioneering, populist crackdown would be bad for the global economy.
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Political strategy needed to show that Britain is still great for business, says Richard Thomas
"Out of one side of his mouth, Gordon Brown is saying he will make Britain an attractive place to invest, but out of the other he is clobbering higher earners with 50%, which sends out the opposite message.