Morning papers round-up, Thursday 22 March

Professional Adviser
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There appears little to report in the financial services industry this morning, as the papers carry f...

There appears little to report in the financial services industry this morning, as the papers carry few relevant stories. Biggest news today is that banks may face a windfall tax on excess profits if they are found to have taken advantage of small businesses, the FT reports this morning. The Competition Commission is said to have found evidence two weeks ago that small businesses pay too much for banking services because of a complex monopoly which allows the banks to restrict competition. The FT also reports this morning on the FSA's "cautious approach" to polarisation and hold ...

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