Financial Regulatory Forum

UK’s Darling: One set of positive data not enough

October 21, 2009

BRITAIN/   By Matt Falloon and David Milliken
   LONDON, Oct 21 (Reuters) – One set of encouraging economic data would not mean that a recovery is entrenched and the British government must keep borrowing to support growth, finance minister Alistair Darling said on Wednesday.

Reaction to BoE Governor King’s speech on banks

October 21, 2009

BRITAIN-BANK/    LONDON, Oct 21 (Reuters) – Bank of England Governor Mervyn King said a fundamental rethink of banking sector regulation was needed to prevent a recurrence of the financial crisis and floated the idea of splitting core aspects of banking from riskier speculative activities.  (more…)