Darling to announce bank reforms
- BBC
Osborne warns debt crisis could undermine recovery
Plans to prevent another credit crunch
Bank bailout returns to haunt Brown
Tories urge curbs on bankers' bonuses
The Prime Minister unveils plans to boost the jobs economy
UK: British Prime Minister Gordon Brown rules out giveaways amid election talk / Former U.S. Fed chairman Alan Greenspan calls the financial crisis earlier this year an "accident waiting to happen"
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Darling to announce bank reforms
The UK government is set to announce its plans to reform the financial system to prevent future crises.In a speech to Parliament, Chancellor Alistair Darling will propose new powers to curb bank lending and prevent asset bubbles, such as the housing boom, undermining the real economy.Mike Sergeant reports.
BBC | July 8, 2009
