Newspaper Article

Banking reforms expert Q&A: will relaxing the rules help the UK economy and what are the risks?

Details

Citation

Webb R (2022) Banking reforms expert Q&A: will relaxing the rules help the UK economy and what are the risks?. The Conversation. 09.12.2022.

Abstract
First paragraph: Jeremy Hunt, the UK chancellor of the exchequer, has unveiled a package of measures aiming to protect the City of London’s position as one of the world’s leading financial capitals. With the UK having lost nearly a tenth of the financial assets it manages since Brexit, plus at least 7,000 jobs, mostly to mainland Europe, much of the focus of these “Edinburgh reforms” is on making London more competitive.

Keywords
Global financial crisis; Banking; Jeremy Hunt; Brexit; City of London; UK finance

Notes
https://theconversation.com/banking-reforms-expert-qanda-will-relaxing-the-rules-help-the-uk-economy-and-what-are-the-risks-196312

StatusPublished
Publication date31/12/2022
Publication date online31/12/2022
Place of publicationLondon

People (1)

People

Professor Robert Webb

Professor Robert Webb

Professor of Banking and Appl. Economics, Accounting & Finance