will relaxing the rules help the UK economy and what are the risks?
- Written by Robert Webb, Professor of Banking & Applied Economics, University of Stirling
Jeremy Hunt, the UK chancellor of the exchequer, has unveiled a package of measures aiming to protect the City of London’s position as one of the world’s leading financial capitals. With the UK having lost nearly a tenth of the financial assets it manages since Brexit, plus at least 7,000 jobs, mostly to mainland Europe, much of the...