LONDON (MNI) – The UK coalition government will continue to focus
on cutting the deficit and returning the economy to stability, according
to the Queen’s speech at the opening of parliament on Wednesday.
In the traditional address at the opening of parliament, the Queen
also confirmed that the government planned to implement ring-fencing of
banks’ retail and proprietary trading operations.
“Measures will be brought forward to further strengthen regulation
of the financial services sector and implement the recommendations of
the Independent Commission on Banking,” The Queen said.
–For more information contact UK editorial on 44-20-7862 7492 or
email: ukeditorial@marketnews.com.
[TOPICS: M$B$$$,MGB$$$]
