U.K.’s Alexander Says Diamond Move to Quit Was ‘Right Decision’

Chief Secretary to the U.K. Treasury Danny Alexander
Chief Secretary to the U.K. Treasury Danny Alexander said the move by Barclays Plc Chief Executive Officer Robert Diamond to resign today was the “right decision.” Photographer: Jason Alden/Bloomberg

July 3 (Bloomberg) -- Chief Secretary to the U.K. Treasury Danny Alexander said the move by Barclays Plc Chief Executive Officer Robert Diamond to resign today was the “right decision.”

Speaking to BBC television’s “Breakfast” program, Alexander, a Liberal Democrat, said there are “still questions to answer.”

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To contact the reporter on this story: Kitty Donaldson in London at kdonaldson1@bloomberg.net

To contact the editor responsible for this story: Eddie Buckle at ebuckle@bloomberg.net