Tories Bottle Banks Split ; and in Osborne's Latest Blunder..

Sunday MirrorApril 10, 2011

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Summary


GEORGE Osborne will spark a Cabinet rift with Lib Dem ministers this week by snubbing demands for the break-up of the big banks.

The Chancellor will support changes to be outlined in a report tomorrow - even though it will not recommend splitting banks' High Street arms from high-risk investment operations, blamed for the 2008 world crisis.

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Extract


Tories Bottle Banks Split ; and in Osborne's Latest Blunder..

The failure to break up the banks will anger top Lib Dems like Bus...

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