Ed Miliband is expected to propose a cap on the size of UK banks in a move to increase competition in the market.
The Telegraph reported that the Labour leader is set to outline the proposals in a speech this Friday and will suggest preventing any one bank from holding more than between 20% and 25% of the British banking market.
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More fallout from the deadly explosion in Beirut features among the stories leading Thursday’s papers.
Prosecutors argued in the trial that the man deliberately strangled Miss Millane to death.
The world’s first nuclear bomb attack struck the Japanese city in 1945.