… to challenge big five: Ed Miliband to pledge creation of at least two new banks with minimum 12% market share in bid to fix broken system – Published on The Guardian, by Patrick Wintour, Jan 16, 2014.
Labour will set in train « a reckoning with Britain’s broken banking system » to ensure at least two new banks can flourish in Britain with a minimum 12% market share by the end of the next parliament, Ed Miliband will say on Friday.
In a major speech designed to show how a break-up of the domination of the ‘big five’ banks will help Britain pay its way in the world, Miliband will argue that change is needed » not for retribution, but for reform ». Continuer la lecture de « Labour's reforms will ensure new banks flourish »