Revealed: BBC man's intriguing web of friendships behind the scoop that shocked the banking world

He is the TV face of the credit crunch whose dramatic scoop last week wiped millions off the price of bank shares. The BBC’s business editor Robert Peston has broken a string of exclusives on the financial crisis which have led MPs to demand an official investigation into the source of his information. A massive row broke out after Peston reported on Tuesday morning that bank chiefs were seeking capital from the Government at confidential talks with Chancellor Alistair Darling and Bank of England Governor Mervyn King. Exclusives: The BBC's Robert Peston Two banks – Royal Bank of Scotland and Barclays – issued denials, but it was too late to prevent the value of bank shares plummeting. Shares in RBS fell by a staggering 39 per cent, wiping £10billion off its value. Peston’s scoop sparked a bitter row between the City and the... [read full story]