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Need help or have a question about the website? Ask our 24/7 live support team .Stephen Green will be confirmed in the post this afternoon after the Stock
Exchange has been informed of his appointment and that of Bob Diamond as the
new head of Barclays, The Times has learnt.
Mr Cameron has been without a Trade Minister since the general election. It
was thought he had tried and failed to persuade Lord Davies, who did the job
under Labour, to stay in the post. There have been other approaches to
senior City figures, but without success. Mr Green was personally wooed by
Mr Cameron to take on the job, it is understood.
The move will mark a huge shake-up at the top of British banking. Mr Green,
aged 62, has been at the bank for 28 years.
He is not expected to take a salary as Trade Minister but is likely to get a
peerage. Lord Davies was also a former banker, having chaired Standard
Chartered Bank.![]()
Captain Doug Beattie’s blog from the front line in Afghanistan
Reworked images lift the horror of the Blitz into the present day
A new EU directive putting a cap on doctors’ hours is causing chaos for physicians and confusion for patients
In dealing with Eta, Spain has shown how democracies can best counter terrorism
Tony Blair should reinstate the book signing he cancelled
Nick Clegg was assailed from all sides as MPs raised doubts about the coalition’s blueprint for electoral reform
Rigid rules on working hours are undermining safety at NHS hospitals and should be changed, leading doctors say
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The social housing group is burdened by debts of £220 million, and there are fears that it could fall into administration after talks failed
NHS is protected from full brunt of cuts as thousands of public sector jobs are axed in other areas, official figures show
Threat of court action over ill-fated investment in construction company by supposedly low-risk infrastructure fund
A consortium has been formed to improve Japan’s ability to capture and exploit ‘wasted’ energy exuded through everyday life
Striker will start against Switzerland after telling manager he will not be affected by newspaper allegations
With a display of utter control rounded off with the sweetest shot imaginable, Roger Federer swept into the last eight of the US Open
Youngest member of Samoan rugby dynasty who have all played for Leicester could become part of adopted country’s World Cup plans
President Obama launches midterm election campaign with pledge of money for schemes to build roads, runways and high-speed railway lines
The Russian Prime Minister has suggested that he would like to run for president again, and serve for another 12 years
Four of Afghanistan’s top prosecutors have failed FBI polygraph tests, undermining President Karzai’s claims of tackling corruption
John Key cancels trip to meet Queen Elizabeth so as to support earthquake hit city - but has not told Buckingham Palace yet
This Mimì is no shrinking violet: the light that’s gone out in the stairwell is her cigarette, not her candle, and she leads Rodolfo straight to his bed
The performers in these five mini-plays are beautifully balanced - and all play in perfectionist, passionate accord with Tony Kushner’s intense style and wild imagination
Are Adrian Chiles and Christine Bleakley worth getting out of bed for - let alone worth £10million? Not so much... and they don’t beat John Humphrys