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LONDON DAILY ARCHIVE

UK Unveils Strategy to Cut Red Tape and Boost City Growth

Finance reforms target bank ringfence rules and investment barriers

15 July 2025 · 23:44 UTC

The UK government has launched a strategy to reduce red tape in the City of London, with plans to reform bank ringfence rules and streamline financial regulations.

The initiative aims to attract global capital, foster innovation, and position the UK as a dynamic hub for financial services in a competitive post-Brexit landscape.