Counsel bank on a Tory government

Author: | Published: 1 Sep 2009

In a clear sign that UK banks are preparing for a Conservative government, in-house counsel are ignoring Labour plans in favour of the Tory’s recent White Paper. "In the past couple of weeks we’ve really started to focus on the possibility of a Conservative government," said an in-house counsel in London. "When endless Labour papers come through we have to think: 'Is it worth spending time on proposals that probably won’t happen?’" And his peers agree. "We’re...