Bank Chiefs Call for End to Ring-Fencing for Economic Growth ...Middle East

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Bank Chiefs Call for End to Ring-Fencing for Economic Growth
source : Devdiscourse ( Middle East ) () 37
Leading figures from HSBC, Lloyds, NatWest, and Santander UK have called on the UK government to remove bank ring-fencing, citing it as an unnecessary barrier to economic growth. In a letter to finance minister Rachel Reeves, the bank leaders emphasized that the current regulations impede their ability to support British businesses effectively.

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