LONDON—If Britain’s Labour Party wins the 2015 general election, it will increase competition in the financial sector by limiting the market share of retail banks and force branch sales with a view to bringing at least two new banks into the market, the opposition party’s leader Ed Miliband will say Friday.
The commitment is fresh evidence Mr. Miliband is looking to woo voters by shifting away from the free-market policies of Labour’s most successful election winner, Tony Blair, toward a more interventionist stance. The…
View original post here: Labour Plans Banking Shakeup
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