Richard Lambert highlights importance of financial services to UK economy

Posted on 4 Sep 2009 by The Manufacturer

Richard Lambert, CBI Director-General, has outlined his views on the recent comments by Lord Turner concerning proposals for a “Tobin tax” and other financial issues.

Speaking at the CBI’s annual North East Dinner in Gateshead, he outlined the economic strengths of the region, highlighting its “characteristic grit,” symbolised by the Great North Revolution. Lambert praised Lord Turner for his grasp of the credit crunch, but also warned that the aspects of his interview for Prospect magazine which gained most attention…

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