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The Independent UK
The Independent UK
David Maddox

Rachel Reeves fightback to woo the City: I’ll ease banking regulations

Rachel Reeves will set out the plans in her first Mansion House speech as chancellor - (PA Wire)

Rachel Reeves has told the City that restrictions imposed after the 2008 banking crash “went too far”, as she tries to regain the trust of the finance sector by promising to ease banking regulations.

In a speech at Mansion House on Thursday evening, the chancellor sought to win back the business community following intense criticism of last month’s Budget.

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