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UK Government Forced to Shake Up Banks

UK Government Forced to Shake Up Banks

The proposals announced today (Tuesday) about the break up of Lloyds and RBS are a concern of the EU Commission," Mark Hoban, MP and shadow financial secretary to the Treasury, said. "We argued for an increase in competition on the High Street back in April this year. The government at that point said we were isolated on this debate.

CNBC | November 3, 2009Watch more videos from CNBC

Tags:. .hoban. .rbs. .treasury. .shake. .high street

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