LONDON, April 14 (Reuters) – Britain’s three main political parties have published their manifestos ahead of a general election on May 6.
Below are details of their business policies in areas such as banking, regulation, acquisitions, executive bonuses and job creation.
By Keith Weir and Crispian Balmer
LONDON/PARIS, Jan 22 (Reuters) – Major European economies offered support on Friday for U.S. President Barack Obama’s plan to limit banks’ size and trading activities but indicated they had no plans to follow suit.
Obama’s dramatic proposals could rewrite the world financial order but experts said they were light on detail and could cloud the global approach fostered by the Group of 20 nations.
The European Union will not imitate Obama’s plan, because it aims to reduce risk in the sector through other means, an EU source said on Friday.
LONDON, Nov 18 (Reuters) – Britain’s opposition Conservative Party said it would ditch the core of a financial sector reform bill if it wins power next year, but lawyers expect other parts such as curbs on bankers’ pay would be introduced.
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By Huw Jones
LONDON, July 31 (Reuters) – British government plans to revamp banking supervision fail to end a muddle over who is in charge and reform of the country’s top market watchdog falls short of what’s needed, a group of UK lawmakers said on Friday. (more…)
LONDON, July 20 (Reuters) – British regulator the Financial Services Authority (FSA) should be abolished and the Bank of England put in full charge of regulating financial institutions, opposition Conservatives said.
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