Bank of Englands new role to be unveiled: reassures, worries

16th June 2010, Comments 0 comments

The Bank of England will likely be given new powers, in particular a stronger supervisory role for banks, the Chancellor of the Exchequer is expected to announce today in London. Reaction is advance is a mix of concern and relief over the measures to avoid another banking crisis. George Osborne will present the new coalition ...

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