Britain's business leaders criticised the government's latest rescue mission and warned that ministers are still failing to understand the depth of the country's financial problems, according to The Telegraph .
Stanley Fink, the former boss of Man Group and the newly appointment Tory co-treasurer, said: "I am pretty disenchanted with the way Labour has handled this - there's often an appearance of action rather than grappling with the problems themselves. The government has been too simplistic." Leading institutional investor Peter Gibbs, of Jupiter Asset Management said: "The market and government policy makers have consistently under-estimated the depth of the banking crisis and its effects on the economy. We are still at the early stages of the global recession, with the implications of risin...
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