Mps Slam Darling Over Banking Reforms

Daily MailJuly 23, 2008

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Summary


THE Treasury's landmark banking reforms came under fire in Parliament, amid fears the regulatory shambles that led to last year's Northern Rock fiasco is to get even worse.

Treasury Select Committee members accused Chancellor Alistair Darling of stitching together proposals that could exacerbate the 'muddle' that has clouded Britain's regulatory system for the past decade.

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Extract


Mps Slam Darling Over Banking Reforms

Bank of England governor Mervyn King joined the assault, criticising the Treasu...

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