Peers fear boom has turned stock market into a casino

Deputy chief whip Lord McIntosh of Hariney agreed there was ‘huge resentment’ at ‘casino-like’ gambling from ‘those who devotetheir lives to public service’,but the government would not second-guess the stockmarket.

He was commenting on concern over the social and economic impact of themeteoric rise in stocks involving internet companies and others in the high-tech sector and the health warning issued by Financial Servies Authorityconsumer relations director Christine Farnish.

Feature: The rise of

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