OFT aims to bring new entrants into banking sector

Jones, Lee
August 2009
Money Marketing;8/6/2009, p8
The article reports on the discussions between the Office of Fair Trading (OFT) and the government to help bring new players into the banking sector in Great Britain. It highlights the financial services plan of the OFT which aim to encourage new businesses to join in the banking market. Ray Boulger, senior technical manager of John Charcol, stresses that the resulting gap in the sector has created a lot of opportunities for new lenders.


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