Ed Miliband - My Fake Diary

Wednesday, 11 July 2012

Michael Meacher wrote:
"Ed Miliband's prescription for the banks won't do the job: At last a politician is coming up with some serious proposals to deal with the banks. Osborne has done virtually nothing, even watering down the already inadequate Vickers recommendations. Ed says he will break the dominance of the Big 5, forcing them to sell up to 400 branches. Ed promises to create a British investment bank to improve lending to small businesses. But leaving the rest of the existing structure virtually intact won't change the culture! It won't do the job!"

Well something's got to be done, it's not working now is it?

Or is it?


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