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Page last updated at 06:34 GMT, Wednesday, 8 July 2009 07:34 UK

Banking action 'not good enough'

A new framework for regulating banks is to be outlined in a government White Paper. BBC business editor Robert Peston explains the details and Vince Cable, deputy leader of the Liberal Democrats, gives his analysis of whether the right actions are being taken to prevent a recurrence of the recent financial crisis.

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