Gordon Brown: Bankers should have been jailed for role in financial crisis

Ex-PM warns failure to take tougher stand has made it inevitable that rogue bankers will again gamble with public money

Gordon Brown has claimed bankers should have been jailed for their fraudulent and dishonest behaviour during the financial crisis that led to Britain’s deepest post-war recession and his defeat in the 2010 general election.

The Labour former prime minister used the second extract from his memoirs to warn that the failure to take a tougher line with wrongdoing – as pursued by other countries – has made it inevitable that rogue bankers will again gamble with public money.

Related: Gordon Brown memoirs: Barclays' RBS bid in 2008 is a staggering revelation

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