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UK Financial Shake-Up To Be Led By Stronger BofE

By Nick Malinowski (July 26, 2010, 6:09 PM EDT) -- U.K. Financial Secretary Mark Hoban MP has outlined additional details of the country's plan to overhaul its regulatory regime by providing more authority to the Bank of England and has asked interested parties to weigh in on the government's proposal, which will be implemented on an interim basis in fall 2010....

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