Last week, in an interview with
Bloomberg, Economic Secretary to the
Treasury John Glen told reporters that the United Kingdom is
preparing to socialize detailed proposals for wider reform to
the capital markets in order to maintain the
competitiveness of London [.] as a global hub for financial
services.
The comments by Mr. Glen mirror those recently made by Mr. Andrew Bailey, governor of the
Bank of England. He recently advocated against a regional
argument, noting that an open world economy supported
by an open financial system that respects the public interest
objective of financial stability will bring the greatest benefits
A
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Industry Voice: Why the tide may be turning for value
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Industry Voice: Why the tide may be turning for value
T. Rowe Price s Yoram Lustig and Michael Walsh discuss why investors may want to consider opportunities in asset classes such as value stocks