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City
Sunak says regulations are ‘robust’ after relaxing post-financial crisis rules
Rishi Sunak has insisted regulation of the financial services sector remains “robust” despite the relaxation of banking safeguards introduced after the 2008 financial crisis. The Prime Minister sought to defend the post-Brexit overhaul of banking ...
09 Dec 2022 at 14:09
UK
Swinney accuses Reeves of ‘channelling Thatcher’ with financial reforms
Chancellor Rachel Reeves has been accused of “channelling” Margaret Thatcher with new financial reforms – with Scotland’s First Minister saying her “extraordinary” actions show the UK economy “does not work for Scotland”. John Swinney hit out in ...
16 Jul 2025 at 16:45
Chancellor cuts red tape and axes EU rules in UK banking overhaul
The Government has launched a raft of major reforms to the financial sector to replace EU regulation and cut red tape. Chancellor Jeremy Hunt said the so-called “Edinburgh Reforms” will seize on “Brexit freedoms” to overhaul banking rules, with ...
09 Dec 2022 at 09:46