Bank boss should pay us back

The Lib Dems are demanding that the ex-HBOS boss blamed for the bank’s collapse give back his pension.

Sir James Crosby, 50 — who has quit as a City regulator after claims he ignored disaster warnings — has a £10million pension pot.

Details were buried in a new annual report from HBOS, which has merged with Lloyds. Taxpayers now own 43 per cent of the firm.

Lib Dem Treasury spokesman Vince Cable said Sir James had a “moral obligation” to repay some of the money.