The Banker

The Banker

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The Banker
The Banker
February 5, 2025 at 10:44 AM
📝 UK chancellor Rachel Reeves has made it clear: regulation must support, not stifle, growth. Speaking last week, she reiterated that overregulation is holding back the economy and called on regulators to propose reforms that will drive expansion. 🌍 The banking sector has long argued that regulation hampers competitiveness. UK Finance highlights key areas for improvement: global regulatory alignment, attracting global talent, reforming bank taxation, and better infrastructure. But while regulators the FCA and PRA support a pro-growth agenda, they caution against unintended risks. ⚖️ Striking the right balance is crucial. While post-2008 reforms strengthened stability, some argue they have become overly restrictive. Can the UK recalibrate its regulatory framework to foster both resilience and growth? *Read more here:* https://on.ft.com/40KRpFZ

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