I don't believe Labour demanded or got a public inquiry into the criminal activities of Lord Archer or Jonathan Aitkin. Mr Flowers was running a major bank when his criminality is alledged to have taken place. And the bank performed very badly during his period of tenure. It is only proper that that is investigated. The fact that he was a member of the Labour Party, which is not yet illegal, is totally irrelevent to the investigation. The rightwing press are desperately trying to link him to Miliband, because the two men met, but is prepostrous.
Miliband went to talk about a loan, not buy crack cocaine.
The fact that Labour have to remind the opposition that the investigation should be about his banking competency and not his activities as a local councillor, shows that they suspect the investigation promised by Osborne is politically motivated and not merited. There is already a police inquiry, and the Co-op are conducting their own.