Chancellor says plans will ensure City ‘benefits from dynamic, proportionate regulation’
The chancellor has announced plans to reform and repeal a number of City regulations, including rules originally meant to protect the UK from another financial crisis.
Jeremy Hunt’s 30-point plan was announced as he travelled to Edinburgh to meet a group of chief executives from banks and insurers, who the government hopes will be in a stronger position to grow and compete with international peers as a result of the deregulation drive.
Chancellor says plans will ensure City ‘benefits from dynamic, proportionate regulation’The chancellor has announced plans to reform and repeal a number of City regulations, including rules originally meant to protect the UK from another financial crisis.Jeremy Hunt’s 30-point plan was announced as he travelled to Edinburgh to meet a group of chief executives from banks and insurers, who the government hopes will be in a stronger position to grow and compete with international peers as a result of the deregulation drive. Continue reading…
