Vince C\able says banking regulation must be fit for the challenges ahead
“We must not create a regulatory system that just deals with the current crisis but one which is fit for all the challenges ahead.
“The cross party report also exposes the sheer folly of George Osborne’s proposal to hand all power back to the Bank of England.
“While it is true that breaking up the banks will be complex, it is also necessary. A bank which is too big to fail is simply too big.
“The secrecy in which the White Paper was created shows the extent of the deteriorating relations between the Bank of England and the Government and does not bode well for the future.”
Volunteer
Help in election
Report a problem
Join Us
Your views
Register to vote
Postal vote
Email updates