Banking Commission Publish Interim Report

The Independent Commission on Banking published its Interim Report today. The Commission has been asked to consider structural and related non-structural reforms to the UK banking sector to promote financial stability and competition, and to make recommendations to the Government by September 2011. The Interim Report sets out the Commission’s current and provisional views on the need for reform and on possible reform options, and it seeks views, evidence and analysis in response. The Commission has not reached final conclusions.

Fatal Road Collision In Croydon

Police are appealing for witnesses following a fatal collision in Croydon. Police were called around midnight on Saturday 9 April following reports of a collision involving two vehicles - a white VW Passat and a silver Toyota Avensis - on Brighton Road, Croydon. Officers, LAS and LFB attended. The 54-year old male driver of the VW was pronounced dead at the scene. The driver of the Toyota and his three passengers were taken to a south London hospital. A 31-year old female passenger was pronounced dead at hospital. While officers believe they know the identities of the deceased, they await formal identification. Next of kin have been informed. The post-mortem examinations will be held in due course. The driver and a second passenger are described as having life-threatening injuries. A third passenger is in a stable condition. Anyone who witnessed the collision is asked to contact the Road Death Investigation Unit at Catford Traffic Garage.

Prisk Meets With Local Enterprise Partnerships

Business Minister Mark Prisk has had his first meeting with a local enterprise partnership in Cambridgeshire today. He met with the newly-appointed Greater Cambridge and Greater Peterborough partnership in Cambridge to hear about the progress the partnership has made in appointing its board and the main objectives and priorities the partnership hopes to address. During his roundtable with board members and local business leaders of the local enterprise partnership, they discussed how the partnership can support business growth and improve infrastructure in the region. The Greater Cambridge and Greater Peterborough local enterprise partnership is one of the first 24 that were announced in October when the Government published its white paper on local growth. Local enterprise partnerships bring together local business and civic leaders, working to support their local economy. They will operate within a geography that reflects natural economic areas and will provide the vision, knowledge and strategic leadership needed to drive sustainable private sector growth and job creation in their area.

(BMcN/GK)