Saturday, January 23, 2010

Osborne lied on Conservative bank break-up policy

As Stephen Tall writes on Liberal Democrat Voice, the Conservatives did not propose radical banking reform last July as they now claim, but: "It’s pretty clear when the Tories decided to champion breaking up the banks: when President Obama made his announcement – in the hope that they can coat-tail on his ‘change we can believe in’ schtick"!

Vince Cable put forward a policy of splitting up our big banks as long ago as November 2008.
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