UK regulators call time on lengthy glitches in banking services

LONDON (Reuters) - Regulators made proposals on Thursday to strengthen the ability of banks and payment firms in Britain to recover from disruptions to services within set timeframes. A parliamentary committee called for changes in October following a string of IT failures at banks, most recently one at TSB that left thousands of customers unable to make payments from their accounts.The Bank of England and the Financial Conduct Authority have proposed that banks and financial market..