The New Elizabethans: James Naughtie examines the legacy of banker Fred Goodwin. Having turned the Royal Bank of Scotland into a major player in global banking, he lost millions of pounds, a knighthood, and any public esteem. Just how much did the actions of "Fred the Shred" and other leading bankers jeopardise the global economy?

The New Elizabethans have been chosen by a panel of leading historians, chaired by Lord (Tony) Hall, Chief Executive of London's Royal Opera House. The panellists were Dominic Sandbrook, Bamber Gascoigne, Sally Alexander, Jonathan Agar, Maria Misra and Sir Max Hastings.

They were asked to choose: "Men and women whose actions during the reign of Elizabeth II have had a significant impact on lives in these islands and/or given the age its character, for better or worse.".