Most importantly perhaps, Mr Bersani would scrap the rules setting a minimum distance between rival businesses that limit competition in much of the retail sector.
"Having property developers turn to trusts should act as a limit on overheating of the real-estate sector simply because the higher cost of capital leaves them with less options, " said Mr. Gleave.
Later, speaking at the same conference, Trade Minister Anand Sharma said he would push for increasing the limitof foreign direct investment in the defense sector to 49% from the current 26%.