UK opposition party call for more power for Bank

David Cameron and George Osborne, two senior politicians from Britain's main opposition party, the Conservatives, are pressing for the Bank of England to take on more responsibility for financial regulation.

The Conservatives' proposals contrast with those of the ruling Labour party, which is looking to extend to the powers of the Financial Services Authority (FSA), the regulator, rather than the Bank. Alistair Darling, the chancellor of the exchequer, said earlier this month that the FSA sho