‘Not unnatural’ for veteran Tories like Gove to be quitting, City minister insists election 2024 The exodus of prominent Tory MPs like Michael Gove and Andrea Leadsom is “not unnatural”, the City minister has insisted, amid speculation that Conservatives are quitting Parliament in fear of imminent electoral defeat.
City group calls for scrutiny of UK regulators’ impact on competitiveness against international peers Regulation Greater comparison of the UK's financial regulators to their international counterparts is needed to better evaluate their secondary objective for competitiveness and growth, a top City body has argued.
We need a government to match the private sector’s energy and radicalism city view One thing the government was not light on yesterday at the Innovate Finance Global Summit was advice. Everyone has it. That’s a good thing. Panel discussions were loaded with genuinely interesting ideas about strengthening London’s competitive advantage in fintech. Those that had “made it” were offering advice on corporate governance to those still in the [...]
UK proposes new laws to crack down on push payment fraud March 12, 2024 New legislation to crack down on push payment scams via banking apps will be brought to parliament, the government has announced today.
Treasury slams City reform critics as ‘inconsistent’ despite lack of progress February 21, 2024 The Treasury has hit back at suggestions its landmark package of City reform is a “damp squib” today, describing the claims as “inconsistent” and claiming it is moving as fast as it can.
City minister sets out plan to ‘simplify accountability for regulators’ and boost competition November 28, 2023 Speaking at the Financial Times' Global Banking Summit on Tuesday, Afolami said his priorities were "threefold".