Rachel Reeves ‘not satisfied’ as UK economy flatlines under Labour Rachel Reeves has said she is disappointed with figures showing the economy flatlining in the…
Browsing: Mansion House speech
The chancellor delivered her first Mansion House speech on Thursday as she urged the City regulators to allow financial service providers to take greater risks, saying that the rules introduced after the 2008 financial crash had “gone too far” and were harming growth.
The speech is an annual address to the City of London by the sitting chancellor. In her first address, she attempted to reassure the City that she had a growth strategy. Much of her speech is highlighted across print media and online this morning.
The Bank of England governor Andrew Bailey also gave a speech yesterday at the event in which said the UK must improve its relationship with Europe saying the “consequences of Brexit” were damaging the economy.