The Chancellor George Osborne has warned the European Union that Britain will refuse to sign up to "idiotic" proposals under Basel III.
George Osborne has warned the European Union that Britain will refuse to sign up to "idiotic" proposals that would water down tough international rules on bank capital.
This is a very concerning development and quite astounding actually. Let's ponder on the drop out of the UK from Basel III, just as a idea for a moment: [click here to continue reading]
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