Key UK finance regulations delayed-Daily Telegraph

LONDON, July 7 (Reuters) - The core of government plans to overhaul the future regulation of Britain's financial services has been delayed, possibly until after the next general election, the Daily Telegraph reported on Tuesday without citing sources.

Proposals tightening existing rules are due to be published on Wednesday.

But the Telegraph said the long-awaited White Paper on financial regulation will offer "no firm proposals" on how authorities will control banks's balance sheets.

Although the blueprint document would indicate the government needed so-called macro-prudential tools to control the financial system, "it will present topics for discussion rather than hard-and-fast new laws," the paper said. (Reporting by Stefano Ambrogi; Editing by Gary Hill)