The Guardian view on City deregulation: a recipe for recklessness
TheGuardian
APRIL 20, 2025
The Treasury seems to think relaxing financial rules will boost growth. Theres little evidence for this idea and every reason to believe it could exacerbate risks In its desire to ensure the City of London remains attractive after Brexit, the Treasury seems to have forgotten one of the major lessons of the 2008 financial crisis: when regulation is lax, risks accumulate.
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