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Emeritus Prof Christopher May

Rachel Reeves thinks regulation of risk in financial services, put in place (or increased) in response to the 2008 financial crisis is stifling growth & needs to be relaxed.

So, of course we're now into the de-regualtion cycle, which will see bankers getting their wish to take greater risks... before accelerating into a crisis, expecting taxpayers to bail them out.

We've been down this road before!

If you wanted proof Reeves is in The City's pocket, this would be it.


h/t FT

Nov 14, 2024, 10:24 PM·Public·Web
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beemoh

@ChrisMayLA6 This is, of course, entirely unrelated to her taking all the Council pensions and putting them into bigger funds. Absolutely nothing to connect the two policies.

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