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    Britain May Delay Tighter Regulations on Banks

    Wed, 09/07/2011 - 15:37 EDT - NY Times
    • Banking and Financial Institutions
    • European Sovereign Debt Crisis (2010- )
    • Great Britain
    • Regulation and Deregulation of Industry

    Because of the weak economy and worries about banks' health, Prime Minister David Cameron is having doubts about changes that could raise banks' costs, officials say.

    • Original article
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    • Britain set for rocky economic ride in 2011

      An austere tax increase, huge cuts in state spending and rising unemployment are all set to be unleashed on Britain in 2011, risking widespread strike action by disgruntled workers.The Conservative-Liberal coalition led by Prime Minister David Cameron insists on the need to tighten government spending to quickly slash the country's record public deficit inherited from the previous administration."The national interest dictates that we do the right thing, which is to act, not the easy thing, which would be to delay," Cameron said in his New Year's message.

    • Britain set for rocky economic ride in 2011

      An austere tax increase, huge cuts in state spending and rising unemployment are all set to be unleashed on Britain in 2011, risking widespread strike action by disgruntled workers.The Conservative-Liberal coalition led by Prime Minister David Cameron insists on the need to tighten government spending to quickly slash the country's record public deficit inherited from the previous administration."The national interest dictates that we do the right thing, which is to act, not the easy thing, which would be to delay," Cameron said in his New Year's message.

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    • Britain 'to axe' Ark Royal aircraft carrier ship

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