Partner Article

The Financial Services Bill

The Chancellor must not buckle to pressure from the banks to reverse reforms of the financial sector, according to the findings of a consumer group survey.

Which? have expressed concerns over claims that the British Bankers’ Association has lobbied the Government over the Financial Services Bill. Many bankers believe that the proposed changes could prompt many financial institutions to leave the UK. However, Which? believes that the Government must ensure that consumers are protected from a recurrence of the banking collapse.

How important is it that the Government implement protective measures for consumers? Could the banks be trusted to govern themselves?

What do you think?

This was posted in Bdaily's Members' News section by Ruth Mitchell .