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The Masked Tulip

Mervyn Ponders Abolition Of Banking As We Know It

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http://www.bbc.co.uk/blogs/newsnight/paulmason/

Mervyn King, the governor of the Bank of England, has tonight made a big intervention into the debate on banking reform. In a speech at Buttonwood, New York, he describes the Basel III bank regulations as inadequate and proposes a much more radical structural breakup of the banks:
"This crisis has already left a legacy of debt to the next generation. We must not leave them the legacy of a fragile banking system too."

The full article, above link, is worth a read.

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  • 261 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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