Truss weighs plans to merge top financial regulators - reports

Financial regulation overhaul

Valeria Martinez
clock • 2 min read
Liz Truss is 32 points ahead of the former chancellor Rishi Sunak in the latest survey of Conservative party members.
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Liz Truss is 32 points ahead of the former chancellor Rishi Sunak in the latest survey of Conservative party members.

Liz Truss, frontrunner to be the next prime minister, is set to immediately review the roles and responsibilities of the City of London’s top regulators if she wins, campaign insiders told the Financial Times.

Truss, who is reportedly privately critical of the Financial Conduct Authority, is weighing up plans to merge the regulator with the Prudential Regulation Authority, which sits within the Bank of E...

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