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Evening Standard

Business

Simon English

THE TRUTH ABOUT: Don t weaken the rules that make the city strong - The Untold Story

City Barclays Square Mile

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(Picture: Matt Writtle)

THE government is keen to relax levels of regulation on banks and the wider City.

A Treasury led consultation on post-Brexit rules is nearing its conclusion; one idea in particular is that the Bank of England and the Financial Conduct Authority should have enforcing competition (ie fewer rules) as part of their mandate.

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