UK Lords debate Independent Commission on Banking plans

House of Parliament

Lord Paul Myners called a debate on the Independent Commission on Banking's (ICB) final recommendations on Thursday.

In a deeply critical address, he said the report was "rather like a Chinese dinner: I felt quite full after I had first read it but within a short period I became hungry again". He explained that for him, the report and its recommendations failed to "address some of the most critical issues currently confronting us in establishing a safer and more economically effective banking

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