Brown disowns his own regulatory systemWritten by Wandsworth Conservatives Thursday, 18 September 2008 17:10
George Osborne has accused Mr. Brown of "trying to disown" the regulatory system he created, after the Prime Minister pledged to "clean up" the City.
The Shadow Chancellor stressed, "He seems to forget that he is the man who in ten years as Chancellor created the current system of regulation."
And he added, "For ten years he boasted about his achievements. Today he is trying to disown them."
George called for reforms to "return stability to financial services and prevent another bubble" - and pointed to our proposals to give the Bank of England tough new powers to intervene in financial markets and provide new protection for depositors from financial collapse.
Read 978 times | Like this? Tweet it to your followers!
Published in National News
Work on the next phase of the £3m Clapham Junction exemplar scheme starts in May 2013.
Written on Thursday, 02 May 2013 14:28 in Local News
The Council’s investment in the Tooting Triangle playground is proving popular with local families. Children had a key role in choosing the play equipment and designing the space. Local councillors also lobbied to prevent mobile phone companies installing a mast nearby.
Written on Friday, 26 April 2013 14:43 in Local News
Businesses in the Northcote Road area were today being handed the results of the first local Consumer Survey in recent years carried out by local MP Jane Ellison and the Northcote Ward Councillors.
Written on Thursday, 25 April 2013 10:29 in Local News