The CBI is calling on the Independent Commission on Banking to undertake a rigorous cost-benefit analysis of its proposals on ring-fencing bank retail operations.
The CBI is asking the ICB to look at the business and economic impact of the changes it is considering to ensure the policies will support the recovery. John Cridland, CBI Director-General, said: “We do not believe the Commission has made a sufficiently strong case that the ring-fencing proposals will achieve their objectives. They should…
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