Osborne to announce new powers for central bank

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Osborne to announce new powers for central bank

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06-16-2010, 09:52 AM

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Osborne to announce new powers for central bank

Chancellor George Osborne is today expected to hand over more responsibility to the Bank of England. The move comes just a few days after the BBC reported that City Watchdog, the Financial Services Authority (FSA), will be retained – as a subsidiary of the Bank of England. It was expected that the watchdog would be axed under [...]

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