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Banking reforms expert Q&A: will relaxing the rules help the UK economy and what are the risks?

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Citation

Webb R (2022) Banking reforms expert Q&A: will relaxing the rules help the UK economy and what are the risks?. The Conversation. 09.12.2022.

Abstract
First paragraph: Jeremy Hunt, the UK chancellor of the exchequer, has unveiled a package of measures aiming to protect the City of London¡¯s position as one of the world¡¯s leading financial capitals. With the UK having lost nearly a tenth of the financial assets it manages since Brexit, plus at least 7,000 jobs, mostly to mainland Europe, much of the focus of these ¡°Edinburgh reforms¡± is on making London more competitive.

Keywords
Global financial crisis; Banking; Jeremy Hunt; Brexit; City of London; UK finance

Notes
https://theconversation.com/banking-reforms-expert-qanda-will-relaxing-the-rules-help-the-uk-economy-and-what-are-the-risks-196312

StatusPublished
Publication date09/12/2022
Publication date online09/12/2022
Place of publicationLondon

People (1)

Professor Robert Webb

Professor Robert Webb

Professor of Banking and Appl. Economics, Accounting & Finance

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