Osborne asks BoE to consider extra powers to curb banks

(Reuters) - Chancellor George Osborne has asked the Bank of England to decide whether it needs more powers to control banks' risk-taking.

Bank of England official calls for action against City 'myopia'

Andrew Haldane at the Bank of England said the City's short-term bias held back important investment – and could be getting worse

A senior Bank of England official today called for government action to stem the rise of short-termist investment decisions taken in the City.