We Need Monetary Reform in the UK: CEO

3:15 AM ET Thu, 28 June 2012

"We believe that we need monetary reform and out of that it begets political reform. What I mean by that is that we really have a state monopoly on the issuance of money and really that relationship with the banking sector which is highly circular, you capitalise banks using sovereign debt," Ben Davies, CEO at Hinde Capital, told CNBC.