Banks are inherently monopolistic, says business secretary Vince Cable. Britain’s banking system needs an injection of genuine competition to end a “rip-off culture” ingrained in the existing market, Cable said last week. He accused “monopolistic” […]
The CBI has called on the Independent Commission on Banking (ICB) to undertake a rigorous cost-benefit analysis of its proposals on bank ring-fencing, as it remains unconvinced the policies will support recovery. With last Monday […]
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