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Cut financial regulation if you want us to help with growth, UK’s biggest banks tell government

By Sofia Gerace ( October 14, 2024, 10:18 GMT | Insight) -- The chief executives of Britain's biggest banks have told the government to cut red tape for financial services if it wants the industry to help with boosting growth, according to a letter published in The Times. “After a decade of change, stability and predictability in regulation can provide the certainty and resilience for banks to support growth,” the CEOs of Barclays, HSBC, Lloyds Banking Group, NatWest and Santander UK wrote.The chief executives of Britain's biggest banks have told the government to cut red tape for financial services if it wants the industry to help with boosting growth, according to a letter published in The Times....

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