BBC News with Nick Kelly

Pakistan has confirmed that it intends to reopen

transit

routes to Nato forces in Afghanistan closed last November following an American airstrike. It agreed to reopen the supply lines after the American Secretary of State Hillary Clinton apologized for the attack. Aleem Maqbool reports from Islamabad.

For months, the governments in both Pakistan and the US were looking for a formula to reopen Nato

supply routes

without either side looking like a loser. Pakistan had been under considerable pressure from Washington since it decided to shut the routes after the killing of 24 Pakistani soldiers in a Nato raid. It has now got an apology for that incident, but opponents here will still talk of their government

caving in

, particularly after all the talk of how much Pakistan will charge for each Nato truck ultimately

came to nothing

. It's been announced there will be no transit fees.

Politicians in Britain have welcomed the resignation of Bob Diamond as chief executive of Barclays, one of the country's biggest banks. Mr Diamond's resignation comes as Barclays faces fierce criticism for manipulating interest rates, an offense for which it has been heavily fined. The Chancellor of the Exchequer, George Osborne, said Mr Diamond's resignation was the first step towards a new age of responsibility. The chief finance spokesman for the opposition Labor Party, Ed Balls, called for a full judicial inquiry.