Brown Spurns King's Call to Curb the Casino Bankers

Daily MailOctober 22, 2009

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Summary


GORDON Brown and Alistair Darling launched a war of words with the Governor of the Bank of England yesterday, sparking claims of chaos at the heart of the Government's economic policy.

The Prime Minister and Chancellor slapped down Mervyn King after he called for ministers to break up the banks or risk a financial crisis 'even worse' than the credit crunch.

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Extract


Brown Spurns King's Call to Curb the Casino Bankers

The Governor, who used a speech on Tuesday night to warn that there had been 'little real reform' of the banking sector, called on ministers to hive off the ...

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