UK’s Financial Future at Risk? Experts Warn Against Deregulation

Explore the heated debate as economists caution Chancellor Rachel Reeves on the risks of deregulating the City of London. With insights from Nobel laureates and financial experts, this episode delves into the potential threats to financial stability and economic growth. We also examine the historical context and lessons from past financial crises, providing a comprehensive analysis of the stakes involved in this pivotal economic decision.

Sources:
https://www.theguardian.com/business/2024/dec/16/economists-policy-experts-warn-rachel-reeves-city-deregulation
https://www.scmp.com/business/banking-finance/article/3290934/chinese-money-fuels-hiring-spree-among-private-banks-hong-kong
https://www.businesswire.com/news/home/20241215600776/en/Northern-Trust-and-NUS-Forge-Partnership-to-Advance-Green-Finance-Innovation
https://www.kedglobal.com/economy/newsView/ked202412160003

Outline:
(00:00:00) Introduction
(00:00:41) Economists and policy experts warn Reeves against City deregulation
(00:03:52) Chinese money fuels hiring spree among private banks in Hong Kong
(00:06:25) Northern Trust and NUS Forge Partnership to Advance Green Finance Innovation
(00:09:20) S.Korea to hold IR session to unveil market-boosting steps: finance minister