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Does ex-HBOS chief deserve credit for saying sorry?

We speak to blogger Sunny Hundal and Mark Littlewood of the IEA about Sir James Crosby’s apology.

A former chief executive of the bank HBOS has asked for his knighthood to be removed.

Sir James Crosby was strongly criticised by a group of MPs for his role in the bank's collapse.

He's now given up 30% of his pension, while a committee will decide if he's to be stripped of his title.

Emma Crosby spoke to Mark Littlewood, director general of the Institute of Economic Affairs, and Sunny Hundal, editor of the Liberal Conspiracy blog, about his actions. 

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