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Been sold as the second version, but i would remember the 2008 financial crisis. the government and the city of london are selling deregulation as a way of promoting economic growth. the 2008 financial crisis cost this country £1.8 trillion in lost economic output. 0ur financial system is not yet strong enough since the financial crisis to take yet another gamble with deregulation and reductions in consumer protection. if it goes wrong, the city of london will walk away with its profits and bonuses, but ordinary taxpayers and households will end up paying the price for another failed will end up paying the price for anotherfailed regulatory will end up paying the price for another failed regulatory gamble. the governance as these are sensible reforms. are you saying there is a serious danger they could lead to another financial crisis, another financial crash of the kind resort ....