Lawmakers say UK losing clout in shaping EU financial rules

By Huw Jones LONDON (Reuters) - Britain's clout in the European Union is weakening just when plans for a capital markets union present a "golden opportunity" for London's financial sector, UK lawmakers said on Monday. Efforts by Europe to strengthen banking rules to avoid a repeat of the 2007-09 financial crisis are "admirable", a report from the EU economic affairs committee of parliament's upper House of Lords said.