
Bank chiefs to Reeves: Ditch ring-fencing to boost UK economy | Money News
The bosses of four of Britainβs biggest banks are secretly urging the chancellor to ditch the most significant regulatory change imposed after the 2008 financial crisis, warning her that its continued imposition is inhibiting UK economic growth. Sky News has obtained an explosive letter sent this week by the chief executives of HSBC Holdings, Lloyds…