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Bank of England unveils shake-up

18 March 2014 Last updated at 19:58 GMT

Bank of England governor, Mark Carney has unveiled a shake-up of the Bank of England.

In a speech at Cass Business School, Mr Carney set out his vision for the Bank.

During a question and answer session after his speech he was asked if the sustained period of low interest rates had encouraged banks to take risks.

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