Critics fear the reforms will lead to a return to risky casino-style behaviour, especially from bankers The Government is to unveil measures to boost growth in UK financial services and the City of London.and will be revealed by Chancellor, Jeremy Hunt.. Ring-fencing rules that require banks to protect their retail banking services from their riskier investment and international banking activities are also to be relaxed.
Ministers hope to free up billions of pounds for investment in UK infrastructure projects, including clean energy networks and Heathrow’s expansion.
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Are my savings safe?