Summary
THE break-up of the UK's banks took a step closer yesterday as Vince Cable's office confirmed the government would take proposals for radical banking reforms seriously.
The Business Secretary endorsed proposals to restructure UK banks set out in the cross-party Future of Banking Commission report published yesterday, as Chancellor George Osborne prepared to set out a new regulatory structure on Wednesday.See the full content of this document
Extract
Change Is in the Air As Cable Backs Radical Bank Reforms
Concerns that the commission's proposals would be at odds with another bank review launched by Osborne were dismissed by John McFall...
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