Now Peru and El Salvador Have a Better Banking System Than Us

Daily MailOctober 10, 2008

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Summary


BRITAIN has lost its position as a world financial powerhouse and ranks behind Peru and El Salvador for the soundness of its banks, it was claimed yesterday.

The withering verdict was delivered in a report on global competitiveness by the respected World Economic Forum group of business leaders.

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Extract


Now Peru and El Salvador Have a Better Banking System Than Us

Just two years ago, the UK was in first place...

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