Bank chiefs to Reeves: Ditch ring-fencing to boost UK economy

The bosses of four of Britain's biggest banks are secretly urging the chancellor to ditch the most significant regulatory change imposed after the 2008 financial crisis, warning her its continued imposition is inhibiting UK economic growth.

Apr 26, 2025 - 10:22
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Bank chiefs to Reeves: Ditch ring-fencing to boost UK economy
The bosses of four of Britain's biggest banks are secretly urging the chancellor to ditch the most significant regulatory change imposed after the 2008 financial crisis, warning her its continued imposition is inhibiting UK economic growth.