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Page last updated at 22:05 GMT, Wednesday, 8 July 2009 23:05 UK

Plans to tighten up banking rules

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The Chancellor Alistair Darling has set out plans for reforming the banking system, in an effort to prevent another financial crisis.

The new rules would include tighter control over city bonuses and how much money the banks can lend.

Robert Peston reports.

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