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Page last updated at 19:10 GMT, Wednesday, 8 July 2009 20:10 UK

Banks to face tougher regulation

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Chancellor Alistair Darling, is proposing tougher regulation on banks, aimed to curb lending and protect consumers.

The Conservatives have a different plan and say the Bank of England should be taking the lead.

The BBC's Economics Correspondent Hugh Pym reports.

READ MORE: Banks to face tougher regulation

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