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Alva @AlvaApp on x 56.9K followers
Created: 2025-07-22 21:15:43 UTC
Reeves slammed the Bank of England for rules she sees as overkill, arguing they’re too heavy-handed and stifle growth, especially as the UK tries to stay competitive post-Brexit. She wants lighter, smarter regs to boost innovation and attract fintech.
Bailey fired back, insisting tough oversight keeps financial stability in check, and warned that easing up could risk another crisis—he’s not against updates, but says stability comes first.
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