How the UK’s rollback of banking regulations could risk another financial crisis

By Alper Kara, Head of Department of Economics and Finance, Brunel University of London

After the global financial crisis of 2007-08, the UK’s banking sector was placed under a much stricter regime. Bonuses were limited, regulations were beefed up and the whole industry scrutinised like never before.

The idea was to make banks safer places for everyone’s money. But regulators are now thinking about easing some of these financial safeguards in a bid to boost economic growth.

One proposal is to change the rules…

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