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    British government holds firm on bank reform

    euronews (in English)

    by euronews (in English)

    The British government has rejected calls for a tougher approach to bank regulation, including making banks limit how much they can invest.

    Responding to public concerns about reckless bankers needing bailouts with taxpayers' cash, the Parliamentary Commission on Banking Standards had pushed for stricter rules rather than waiting for Europe-wide regulation: