Emeritus Prof Christopher May on Nostr: Rachel Reeves thinks regulation of risk in financial services, put in place (or ...
Rachel Reeves thinks regulation of risk in financial services, put in place (or increased) in response to the 2008 financial crisis is stifling growth & needs to be relaxed.
So, of course we're now into the de-regualtion cycle, which will see bankers getting their wish to take greater risks... before accelerating into a crisis, expecting taxpayers to bail them out.
We've been down this road before!
If you wanted proof Reeves is in The City's pocket, this would be it.
#banking #risk
h/t FT
So, of course we're now into the de-regualtion cycle, which will see bankers getting their wish to take greater risks... before accelerating into a crisis, expecting taxpayers to bail them out.
We've been down this road before!
If you wanted proof Reeves is in The City's pocket, this would be it.
#banking #risk
h/t FT