Labour leader’s move will simply make banking less efficient and more expensive

British Opposition Party moves to create new major banks

By David C. Jennings —— Bio and Archives--January 18, 2014

World News | Comments | Back To Full Article

In a speech at the University of London, Labour Party leader and wannabe Prime Minister Ed Miliband has said he wants to limit the amount of market share a bank can have in order to create two new competitors to the existing ‘big five’.

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