In a recent opinion piece published in the Financial Times, Meg Hillier, Chair of the UK House of Commons Treasury Select Committee, demands evidence that “stripping away financial services regulations will generate meaningful growth across the UK."
"I do not dismiss the merits of a refined regulatory regime. Our financial services industry should be given all the tools it needs to help grow our economy," Hillier writes. “This may include rebalancing risk-taking. But, as chair of the Treasury select committee, which scrutinises our biggest private and public financial institutions, I must be led by the evidence.”
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