You are here

UK banks urge new government to ensure they remain competitive

ukbanks.jpg
The British Bankers' Association has urged the new Conservative government to ensure the industry remains globally competitive and said it would work constructively with them to do so.

[LONDON] The British Bankers' Association has urged the new Conservative government to ensure the industry remains globally competitive and said it would work constructively with them to do so.

"We need to focus now on implementing the reforms that have already been legislated for, and ensure that banking - our biggest export industry - remains globally competitive," BBA Chief Executive Anthony Browne said.

The Conservative party is set to form the next government, removing fears of a break-up of the biggest banks and further hikes in a tax on banks' assets.

REUTERS

sentifi.com

Market voices on:

grab

Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at btsub.sg/promo

Powered by GET.comGetCom