GFS LinkedIn
GFS Facebook
GFS Twitter
GFS RSS feed

In brief: UK looking to relax liquidity

Thursday 17 February 2011 - by Will Henley

The UK government is looking to relax its rules on banking liquidity in a bid to save banks hundreds of millions of pounds and improve lending for businesses.

Chancellor George Osborne is said to be persuaded that UK regulators have overstepped their mark in attempting to enforce tough liquidity rules, a source at the Treasury is said to have told the Financial Times.

"The chancellor thinks there may be something in this," the official is quoted as saying.



WHAT DO YOU THINK?
 
Name:
   
Email:
   
Comment:
   
Post as Anonymous
  Display name
   
Please, enter security code
   
 

No comments yet.

STRAW POLL

Will markets in 2012 have a tougher time than 2011?

Yes

No

Don't know

View results

FIND A REGION world regions