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The Guardian // Business // Economics

Rules imposed after financial crisis have ‘gone too far’, Reeves tells City bankers

Thursday 14th November 2024, 6:00PM

Chancellor uses Mansion House speech to suggest it is time to loosen some constraints brought in after 2007-08 crashRachel Reeves has told City bankers attending her Mansion House speech that regulations put in place to protect the economy after the global financial crisis had “gone too far”.Speaking at the glitzy annual gathering in the Square Mile on Thursday, the chancellor called the financial services sector the “crown jewel” of the UK economy. Continue reading...

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