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Article: British Conservative party unveils plan to tackle economy
- Article from:
- Xinhua News Agency
- Article date:
- September 28, 2008
CopyrightCopyright 2008 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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British Conservative party unveils plan to tackle economy
BIRMINGHAM, Britain, Sept. 28 (Xinhua) -- Britain's main
opposition, the Conservative Party, unveils here on Sunday its
reconstruction plan for a stronger economy.
In a 40-page pamphlet, the party which is largely regarded as the
one to lead the next government, sets out to reform the monetary and
financial systems.
"A decade of debt-fuelled growth has left the UK more exposed to
the financial crisis than any other European country," it says.
It proposes to overhaul the tripartite system of financial
regulation to give the Bank of England a far greater role in the
market oversight, as a measure for prevention and improving ...