Il governatore della Bank of England blocca la riunione di Revolut di Rachel Reeves
https://www.theguardian.com/business/2025/jul/30/bank-of-england-governor-blocks-rachel-reeves-revolut-meeting
di 457655676
Il governatore della Bank of England blocca la riunione di Revolut di Rachel Reeves
https://www.theguardian.com/business/2025/jul/30/bank-of-england-governor-blocks-rachel-reeves-revolut-meeting
di 457655676
5 commenti
If Reeves wants to talk to a private bank over banking licence, change the law on these institutions who the governments in the past have delegated power to.
Stop trying to go around the institutions that were set up for this purpose it’s very populist thing to do.
So we have a Minister for Housing who is a Landlord with far from the best history of treating her tenants fairly.
Now a Chancellor of the Exchequer attempting to circumvent the Bank of England’s independence.
The first year of a Government that promised transparency and growth, the “grown ups” seems to have given us the opposite.
Could you at least try to hold yourself to a higher standard than the last Conservative Government please? It’s a low bar.
“”The meeting would have been part of the government’s charm offensive, with ministers desperate to convince Revolut – last estimated to be worth $45bn (£33.6bn) – to choose London for its much-awaited stock market debut primary listing.
Losing Revolut, which is Europe’s most valuable private fintech, would represent a major blow to the City and the London Stock Exchange, which has suffered from a growing number of defections, with companies snubbing the UK for listings abroad.””
I mean it seems like something we would want her trying to intervene in. Fair enough to block it though if it broke the rules.
> having gone so far as to claim in her Mansion House speech this month that regulation was acting as a “boot on the neck” of businesses.
Ah yes, banks and those pesky regulations trying to avoid a copy of 2008, and the issues that that’s caused in the country over the past 15 odd years.
Definitely should allow them to write their own rules and ignore regulation, and skip past the independent body that regulates financial firms.
Red tories indeed.
If the Governor of the Bank of England and the Chancellor are not on the same page, that is a very bad state of affairs that one of them might not survive.