Fred Goodwin stripped of knighthood

Source: Independent

Ex-banker Fred Goodwin has had his knighthood removed, it was announced today.

The Cabinet Office said the award had been “cancelled and annulled”.

David Cameron tonight hailed the decision to remove Fred Goodwin’s knighthood.

The Prime Minister said a key report into the failure of Royal Bank of Scotland had made clear “where the failures lay and who was responsible”.

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