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Are UK Banks Ready for Another Crisis?

January 7th, 2016

Episode 432 of 836 episodes

Have we learnt our lessons from the 2008 global financial crisis? Simon Jack reports from London's financial district amid concerns that Britain's financial regulator has started to go soft on the many international banks that call London home. Also, as Sweden and Denmark re-introduce border controls to stem the arrival of refugees, Keith Moore reports from the Swedish town of Avesta. And, we ask whether passport-free travel can survive in the European Union. It is enshrined in the EU's Schengen agreement but Claude Moraes, a British opposition Labour party Member of the European Parliament, tells us he believes it is now "probably inevitable" that the agreement will need to change.

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