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Banking likened to shipbuilding's loss
BRITAIN'S bonus crackdown on banks could push the sector into a "shipbuilding"-like decline, the head of the UK's banking trade group warned yesterday.
Angela Knight, chief executive of the British Bankers Association, said: "The UK has a record of building up great industries such as in steel, shipbuilding, engineering. It also has a history of losing them."
She added that "it would be the height of irresponsibility to lose this industry as we have done with others so many times".
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Weather for Edinburgh
Thursday 24 May 2012
Today
Sunny spells
Temperature: 10 C to 23 C
Wind Speed: 12 mph
Wind direction: North
Tomorrow
Sunny spells
Temperature: 9 C to 21 C
Wind Speed: 14 mph
Wind direction: North east
