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| Version 0 | Version 1 |
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| UK banks 'to get more regulation' | UK banks 'to get more regulation' |
| (30 minutes later) | |
| Chancellor Alistair Darling says that laws will be introduced to tighten the rules governing the UK banking system. | Chancellor Alistair Darling says that laws will be introduced to tighten the rules governing the UK banking system. |
| His comments came in a BBC interview as the world digested the fate of two of Wall Street's historic banks - Lehman Brothers and Merrill Lynch. | His comments came in a BBC interview as the world digested the fate of two of Wall Street's historic banks - Lehman Brothers and Merrill Lynch. |
| He called the resulting turmoil in global shares inevitable, but added that "on the positive side" UK regulators were taking action. | He called the resulting turmoil in global shares inevitable, but added that "on the positive side" UK regulators were taking action. |
| Separately, UK bank Barclays said it is looking to buy certain Lehman assets. | Separately, UK bank Barclays said it is looking to buy certain Lehman assets. |
| Speaking to the BBC, Mr Darling said that the government, the Financial Services Authority and the Bank of England were doing everything they can to "maintain stability in the financial system". | Speaking to the BBC, Mr Darling said that the government, the Financial Services Authority and the Bank of England were doing everything they can to "maintain stability in the financial system". |
| FROM THE TODAY PROGRAMME More from Today programme | FROM THE TODAY PROGRAMME More from Today programme |
| But he added: "This doesn't mean we can stop the huge economic forces and changes currently taking place." | But he added: "This doesn't mean we can stop the huge economic forces and changes currently taking place." |