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Conservatives refuse to blame City bankers for economic crisis

In a move which is sure to draw clear battle lines between supporters of the various political parties, Conservative leader David Cameron has refused to single out City bankers to blame for the current predicament. Instead he has put forward a number of initiatives to allow greater monitoring of the financial markets, greater power for the Bank of England and greater speed of reaction to troubles such as those we are seeing now. But will it be enough?

While Cameron claims that this is a move away from the blame game, such as that played at the Labour Party conference last week, time will tell as to whether this is appreciated by the voters. It seems to be open season for attacks upon the City suits but whether this actually makes any long term difference is debatable.

This week is not only vital for David Cameron as the Tory Party conference kicks off, but also for the UK as a whole. It looks increasingly as if the Tories will have at least a great say in government after the next election (although the signs show they could win by a landslide) and a more hands on approach to the tax affairs of the UK and the UK public.

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