Tread Carefully Over New Financial Rules, Says Lambert ; Economy

Summary

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Politicians should be wary of over-kill when they draw up new regulations for financial markets in the light of the present turmoil.

The warning came last night from Richard Lambert, director general of the CBI. Speaking in Cambridge, his theme was confidence, and the need to maintain, or restore it in the banking system and among employers and consumers.

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Extract

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Tread Carefully Over New Financial Rules, Says Lambert ; Economy

"Finally, we need confidence among our political leaders, so that they do not take ...

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