Following the House of Commons Treasury Select Committee's lamentable performance in questioning Bob Diamond last week, few expect this week's appearance by Mr. Tucker to provide clear answers to the questions over the role of officials.

WSJ: U.K. Must Restore Confidence in London

He may think that by staking out a clear position on the euro as early as possible he can avoid the appearance of weakness and vacillation that dogged Mr Major.

ECONOMIST: Roll up that map of Europe