The Uk Banks Will no longer be able to use our money for risky invesments !

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  • halfpint
    GFY's Halfpint
    • Jun 2007
    • 15223
    #1

    The Uk Banks Will no longer be able to use our money for risky invesments !

    The Uk Gov have said the Banks will no longer be aloud to use our money for risky investments and if they do not comply they will be broken up.

    What u think a good idea ? or will our bank charges now go up cause u know the banks need to make money some how.

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    • mafia_man
      Confirmed User
      • Jul 2005
      • 1965
      #2
      Originally posted by halfpint
      The Uk Gov have said the Banks will no longer be aloud to use our money for risky investments and if they do not comply they will be broken up.

      What u think a good idea ? or will our bank charges now go up cause u know the banks need to make money some how.
      This is bad news for savers because banks can't put deposits into riskier investments.

      It's the right decision though. Banking should be boring.
      I'm out.

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