Conservative leader David Cameron will implement sweeping financial reforms to fix the "broken" UK economy should the Tories take power.
In a speech to the City this morning, Cameron attacked the Government on its economic policies over the last ten years and vowed to take action to strengthen the financial system damaged by the current credit crisis. The Tory leader criticised Gordon Brown for giving financial institutions free rein and for a soft stance on regulation. “We need proper regulation of our banking system,” Cameron says. “He (Brown) encouraged the risk taking culture in the banks. He was the one who created this mess in the first place." Cameron says a Conservatives government will set up a new debt responsib...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes