But what we recommended in our first report was to go with the ring-fencing.

But she added that ring-fencing "is definitely being considered by the government".

In the absence of that, ring-fencing is the best solution available.

And ring-fencing the health budget (at least in cash terms) is popular.

Does ring-fencing prevent money moving from retail to the investment side of the bank?

In essence, this is like ring-fencing a field, but also being prepared to build a house on it.

The technical obstacle relates to ring-fencing of local government money.

Just what this means and how deep this ring-fencing will go is not clear.

Despite ring-fencing the foreign aid budget, Dave doesn't appear to care where our money ends up.

Ring-fencing is not the way; it ties the government's hands,' the spokesman said.

Unfortunately, ring-fencing of health care and pensions makes this increasingly tough work.

He seems less demanding than some on the ring-fencing that banks should observe between the different parts of their business.

Cable is a strong opponent of ring-fencing, and even more hostile to its consequences.

'Ring-fencing would not very much help in this approach.

Ring-fencing could indeed be expensive, and bankers are right that higher capital will eat into profits.

Ring-fencing will leave banking empires under the same unified management team.

Ring-fencing is not enough when culture can jump fences.

The Comet deal, complete with complicated ring-fencing to protect investors' money, is normal practice.

Which may imply that the ring-fencing of health spending in Britain won't and can't survive the next general election.

Of course — he’s in favour of ring-fencing generally, no?

Detailed discussions have been held with the banks about ring-fencing, but uncertainties remain.

Overseas aid has been rising since the Coalition came in as the budget is protected by ring-fencing.

International regulators also questioned the need for ring-fencing over strengthened balance sheets.

It is argued that firmer guarantees and ring-fencing of funds are needed.

The best defence against contagion is the ring-fencing of our budgetary positions.

Ringfencing by itself, of course, will not bring financial stability.

So the companies need to explain how this ringfencing would work within a common board structure.

But since coming to power the Conservatives have removed ringfencing from the programme.

“Well – is it really possible to do this ringfencing?

The idea that ringfencing provides total safety is an illusion.

Hidden ringfencing is the flavour of the day even in central banking terms.

It is well understood that ringfencing a few departments increases pressure on the rest.

Just how the ringfencing or separation of functions will help weed out such practices is not too clear.

Ringfencing, he said, would only work in "fair-weather" conditions but not when banks were under pressure.

What’s more, ringfencing implies that the overseas activities of Britain’s banks will be allowed to fry.

Its 2011 report recommended ringfencing retail banking from speculative trading.

But effective ringfencing depends on effective implementation of its detail.

He suggested the government should stop ringfencing departmental budgets.

Ringfencing could also be an aspirational statement about how the global banking system should evolve.

It is understood that the Department of Health has reservations about ending ringfencing.

And ringfencing the banks so they fulfil their role of lending safely to the real economy."

"Ringfencing this funding appears to be the only way to ensure that this happens."

There would be no ringfencing of cash given to councils by the Scottish Government.

If no ringfencing is put in place the possibility will exist for Department of Health grant money to be spent on other local authority activities.

Ringfencing is a useful tool to help manage banks but it is certainly not a complete answer.

Today's document centred on structural change, handing responsibility and power to local authorities, together with the ringfencing of the budget.

But ringfencing - even with electrification, whereby regulators will have the power to break up a bank - has its limits.

If the ringfencing of retail banking were effective, it would be a big step towards a financial system more resilient to crises.

The ringfencing is really important: don't be tempted to pass on a night out "just this once" because you have a huge backlog of marking.

Ringfencing is seen as good for banking standards as well as financial stability.