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BBC News: Darling - UK banks 'to get more regulation'

dudleyboy

dudleyboy Posts: 765 Forumite

16 September 2008 at 9:14AM in Debate House Prices & the Economy

http://news.bbc.co.uk/1/hi/business/7618096.stm

Chancellor Alistair Darling says that laws will be introduced to tighten the rules governing the UK banking system.
...
He called the resulting turmoil in global shares inevitable, but added that "on the positive side" UK regulators were taking action.

Better late than never, eh Darling?

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Comments

amcluesent Posts: 9,425 Forumite

16 September 2008 at 9:23AM

Making the right decisions for the long term! It's a British depression for British people...

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ad9898_3 Posts: 3,858 Forumite

16 September 2008 at 9:39AM

So will these mean when you go for a mortgage in let say 2-3 years time they are not going to say "7x salary sir, certainly, just sign here"

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