David Ruffley MP questioned Barclays Chief Executive, Bob Diamond, in the Treasury Select Committee on Tuesday 11 January.

In a heated exchange Mr Ruffley demanded that Bob Diamond lent more to British businesses to get the UK economy growing and creating jobs. He asked Mr Diamond to accept that banks should lend more because all banks- not just the partially state-owned Lloyds/HBOS and RBS- were implicitly supported by the British taxpayer since no Government has allowed runs on banks.

A full video of the Treasury Select Committee session can be found here on the Parliament website:

And you can hear Mr Ruffley's comments about it on Radio 4 here: http://www.bbc.co.uk/programmes/b00xb12x

The exchange was widely reported in the media: