John Lydon, the iconic frontman of the Sex Pistols, has publicly criticized the Irish hip-hop trio Kneecap for their controversial statements, including a call to 'kill your local MP.' During an appearance on ITV's 'Good Morning Britain,' Lydon expressed his disdain for the group's violent rhetoric, stating, 'If you're advocating the death of another human being, then you have no cause whatsoever. You are my enemy from here on in for the rest of your mediocre existence.'

Lydon's comments come as Kneecap faces scrutiny from UK counter-terrorism officers over the remarks made during a 2023 gig in London. The group has since apologized, claiming their words were taken out of context and denying any intent to incite violence. However, Lydon remained unconvinced, suggesting that Kneecap might 'need a bloody good kneecapping,' a remark that underscores his frustration with their approach.

The controversy has sparked a broader discussion about the line between provocative art and harmful rhetoric. Lydon, no stranger to controversy himself, pointed out the irony of being both criticized and celebrated by the establishment during the Sex Pistols' heyday. He dismissed any comparison between his band's anti-establishment stance and Kneecap's recent actions, emphasizing the importance of not making enemies of fellow human beings.

As the debate continues, Kneecap's future remains uncertain, with their statements under investigation. Meanwhile, Lydon's outspoken criticism serves as a reminder of the punk legend's enduring influence and his willingness to speak his mind, even when it means calling out those who might see themselves as his successors.

The Central Bank of Ireland has concluded a long-running inquiry into the Irish Nationwide Building Society (INBS), resulting in significant penalties for former executives. John Stanley Purcell, a former board member, has been fined €130,000 and banned from the financial sector for four years due to his role in the society's governance and risk management failures. The inquiry highlighted a period between 2004 and 2008 where INBS's commercial lending practices were found to be lacking in oversight and adherence to financial regulations.

During the years under scrutiny, INBS's commercial loan book expanded dramatically from €3.59bn to €8.18bn, with commercial loans making up 78% of its total loan book by the end of 2008. The Central Bank's report detailed a culture of high-risk lending, where large sums were disbursed without proper documentation, adequate security, or necessary approvals. This reckless approach to lending was a significant factor in the society's eventual collapse during the financial crisis.

The inquiry also shed light on the broader systemic failures within INBS, including a lack of adherence to its own credit risk management policies and the absence of annual credit risk stress tests for commercial lending. Louise Gallagher, the Central Bank's head of enforcement investigations, emphasized the discovery of a pervasive culture that prioritized high-risk lending over sound financial practices. The findings underscore the importance of robust governance and risk management frameworks in financial institutions.

In addition to the penalties imposed on Purcell, the Central Bank's inquiry has led to settlements with other former INBS executives, including disqualifications and fines. The total cost of the investigation and inquiry into INBS's regulatory breaches amounted to over €24m, spanning 15 years from 2010 to 2025. This case serves as a stark reminder of the consequences of failing to uphold financial regulations and the critical need for accountability in the banking sector.