Banking reform

31/08/11

Vince Cable has said the coalition will push ahead with banking reforms despite opposition to the speed of changes.

The business secretary was responding to the criticisms of CBI director general John Cridland who has suggested that acting now may damage the economic recovery.

Proposals include ringfencing banks' retail operations and ensuring taxpayers avoid liability in future for banking collapses.

The reforms align with the recommendations made by the Independent Commission on Banking in their April interim report. They are due to publish a final report on September 12th.

Labour: Govt must not duck out of necessary banking reforms

Robin Hood Tax campaign: Govt should ignore bank lobbyists and push on with banking reform

Europe Economics: Amazing that serious banking reforms have not yet been introduced

CBI: Rushing into banking reform could stagnate economy

Vince Cable: Banks are being disingenuous over reform

Political news to your inbox

Fill in your details to receive Politics.co.uk's brand of informed, in-depth and independent coverage of Westminster to your inbox

Hot topics

Britain's great energy debate

How the power gets to Britain's homes in the next century remains a matter of deep controversy

As the next general election begins to loom over the horizon, the debate over Britain's future energy mix is starting to hot up - and nothing seems guaranteed.

The Heathrow third runway debate

Heathrow's third runway is just one of many options

There won't be a final decision on Britain's long-term aviation strategy until after the 2015 general election - but an aggressive national debate is already underway.

Opinion Former Events

BSIA: Information Destruction Exhibition & Conference 2013

Following the great success of the BSIA's Information Destruction Conference and Exhibition in May 2012, we are pleased to annouce that the event is returning again in June 2013. This one-day conference and exhibition is aimed at key decision makers in organisations that carry out the secure destruction of confidential material.