John Healey has told Bank of England governor Andrew Bailey to loosen banking regulation “as quickly as possible” after the government raised taxes on the sector in the Budget. The Chancellor wrote to Bailey following the Budget with a direction for the Financial Policy Committee (FPC) to balance…
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October 29, 2026 at 8:39 AM
Healey tells Bailey to loosen UK banking regulation after tax hike
CityAM
Excerpt from CityAM.