UK Parliament to vote on structure of bank probe

LONDON (AP) ? Britain's House of Commons is set to vote on how it wants to investigate the banking industry in the wake of the scandal of interest rate manipulation at Barclays.

Prime Minister David Cameron is seeking approval Thursday for his plan for what he calls a "swift and decisive" investigation to wrap up by the end of the year.

Opposition Labour Party leader Ed Miliband has called for a longer inquiry led by a judge, though he has suggested this could follow the shorter probe backed by Cameron.

The debate has been highly partisan. On Wednesday, Cameron said Labour politicians "want to talk about absolutely everything apart from their record of 13 years in government."

Miliband has accused Cameron of failing to understand the depth of public concern.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/cae69a7523db45408eeb2b3a98c0c9c5/Article_2012-07-05-Britain-Banks/id-00d437c21a984ecda60eaaeb29ab92d0

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