Economists and policy experts warn Reeves against City deregulation
TheGuardian
DECEMBER 15, 2024
Nobel laureate Joseph Stiglitz among 50 signatories of statement that points to risks to Labours wider aims Fifty economists and policy experts have issued a warning to Rachel Reeves that encouraging the City to expand could threaten financial stability and jeopardise growth. The chancellor has called the UKs financial services sector the crown jewel in our economy and has claimed that regulations imposed after the global financial crisis have gone too far.
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