Chancellor Rachel Reeves’ Mansion House speech on Tuesday outlined what she pointed to as the “most wide-ranging package of reforms to financial services regulation in over a decade”.
Whether the announcements amounted to a big bang, a whimper, or something in between has very much been up for debate. The PA team were out hobnobbing on Wednesday evening at an awards ceremony for financial services journalists and expert commentators, where news editor Sahar Nazir was presented with the award for Diversity and Financial Inclusion Story of the Year. In conversation at the awards event, one industry commentator remarked that there seemed to be very little new or surprising news in Reeves' speech. Many of the changes Reeves announced were well trailed (for example, red...
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