City and commentators scrutinise a speech by the UK's Cable

09/23/2010 | Guardian (London), The

The financial-services industry, economists, commentators and other observers lashed out at UK Business Secretary Vince Cable's speech in which he attacked "spivs and gamblers". Commentators noted a lack of innovative policy to tackle issues. Comments by Financial Services Authority Chairman Adair Turner also raised concerns about credit availability for consumers if regulators are given powers "to take away the punch bowl before the party gets out of hand".

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Guardian (London), The

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