On this week's podcast: The last Banking Commission's road show and Barclays chief John Varley's suggestion that the era of free banking in the UK is at an end; more trouble for Spanish banks as JC Flowers pulls out of an investment deal with caja Banca Civica; George Osborne and his attempts to improve relations between the government and the City by not instating a new tax on bank bonuses or increasing the planned £2.5bn levy.

Presented by Patrick Jenkins with Sharlene Goff and Megan Murphy.

Produced by LJ Filotrani For information regarding your data privacy, visit acast.com/privacy