Cable seeking advice on RBS chiefs

Vince Cable
Vince Cable

Business Secretary Vince Cable has said he will continue to look into whether any Royal Bank of Scotland (RBS) directors should face disqualification following a new report into the bank's failure.

A 452-page examination carried out by the Financial Services Authority (FSA) into why the lender needed a £45.5 billion rescue confirmed that none of the directors will face enforcement action from the regulator.