LIVE: Bank of England's Andrew Bailey, Finance Minister Rachel Reeves speak on finance reforms

Bank of England Governor Andrew Bailey and Finance Minister Rachel Reeves speak at the annual Mansion House address to London's financial sector, where Reeves is expected to pledge easing rules for finance firms as she announces a flurry of measures to boost the sector and the broader economy, including a plan to get more savers investing in company shares. The government confirmed an easing of access to mortgages, reiterated plans to reform bank ring-fencing rules — which banks had lobbied to scrap — and simpler regulatory approvals for smaller financial services companies.

#Live #Reuters #News #BOE #BankofEngland #UK #AndrewBailey #RachelReeves #economy #finance #reforms #banks

Keep up with the latest news from around the world: https://www.reuters.com/

Post from Reuters on July 15, 2025