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BBC News

are onerous. it some of those rules they are talking about relaxing, ring fencing rules, for example, that applied to challenge banks, they will be relaxed enabling them to compete better with high street banks. there has also been lobbying to water down other rules such as the personal responsibility on the senior managers. i personally have reservations about that because i think senior managers should be taking personal responsibility for their decisions. i am also disturbed by perhaps, more disturbed by the framing of this, which is about growth and competitiveness and the mooted idea that regulators were being tasked with fostering growth and competitiveness. to me that is not what regulation is about. let’s not what regulation is about. let's take one of _ not what regulation is about. let's take one of the _ not what regulation is about. let's take one of the first _ not what regulation is about. let's take one of the first points, just how competitive is london at the moment for investment? i how competitive is london at the moment for investment?- how competitive is london at the moment for investment? i think we have to be completely _ moment for investment? i think we have to be completely honest - moment for investment? i think we have to be completely honest and l moment for investment? i think we i have to be completely honest and say london at the moment is falling

Banks , Rules , Challenge-banks , Example , Relaxing , Lobbying , High-street , Ring-fencing-rules , Managers , Responsibility , Decisions , Reservations

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than 30 regulatory reforms — including a loosening of rules on banks and their staff introduced after the financial crisis in 2008. but critics say it could be dangerous to forget the lessons of the past. let's speak to the banking analyst frances coppola. thank you forjoining us. more than 30 reforms are what we are hearing about. are they needed? i 30 reforms are what we are hearing about. are they needed?— about. are they needed? i think there's been _ about. are they needed? i think there's been quite _ about. are they needed? i think there's been quite a _ about. are they needed? i think there's been quite a feeling - about. are they needed? i think there's been quite a feeling in i about. are they needed? i think i there's been quite a feeling in the city for quite a long time now that the regulation, the heavy regulation since the financial crisis, has may be gone a bit too far and tied banks down too much. particularly some of the smaller banks, there has been quite a lot of pushback from challenge banks such as santander and virgin money, who say that some of the rules are supplied to them

Banks , Rules , Staff , Reforms , Crisis , Lessons , Loosening , Critics , 30 , 2008 , Us , Frances-coppola

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dangerous to forget the lessons of the past. earlier i got the thoughts of the banking analyst frances coppola. i think there's been quite a feeling in the city for quite a long time now that the regulation, the heavy regulation since the financial crisis, has maybe gone a bit too far and tied banks down a bit too much. particularly some of the smaller banks, there has been quite a lot of pushback from challenge banks such as santander and virgin money, who say that some of the rules as applied to them are onerous. it's some of those rules they are talking about relaxing, ring fencing rules, for example, that applied to challenge banks, they will be relaxed enabling them to compete better with high street banks. there has also been lobbying to water down other rules such as the personal responsibility on senior managers. i personally have reservations about that because i think senior managers should be taking personal responsibility for their decisions. i am also disturbed by,

Regulation , Feeling , City , Lessons , Frances-coppola , Thoughts , Lot , Challenge-banks , Some , Bit , Crisis , Banks

BBC News

people's everyday banking activities, their ability to gain access to finance, to get loans and be able to pay off the loans, is not challenged by a wider malaise. what we saw in 2008 and 2009 was a chain reaction through the banking sector and it began with us mortgages that were not being repaid and those mortgages have been packaged up into investment products that have been bought and sold all around the world, so nobody really knew who was holding onto these products and how much the liabilities were and as a result of that, people became, banks became reluctant to lend to one another and credit dried up in the financial system and that filtered down to businesses and consumers. that is what this kind of regulation was designed to prevent, a chain reaction to keep the high risk banking isolated from the day—to—day banking, so if you had a major relaxation of the rules, there would be that kind of risk coming back, but we don't know exactly what kind

People , Banking , Sector , Loans , Access , Finance , Activities , Ability , Malaise , 2009 , 2008 , Us

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of the royal mail, and that never happened before it was privatised, so yes, i think it does make a difference. the cw you still believes the royal mail should be nationalised and that is still the policy, and i think things might have been a lot different if that hadn't happened. the royal mail are adamant they have to change. their senior leaders will tell you they have to change the way they operate and changes the word. they are saying it is change for necessity, for good, and the union are saying it is change, but it is changeable bad for their workers and the public as well. ., ., bad for their workers and the public as well. ., ,, , ., ., bad for their workers and the public as well. ., ~' ,, ., ,, as well. thank you for your analysis. — as well. thank you for your analysis, alan _ as well. thank you for your analysis, alan jones, i as well. thank you for your i analysis, alan jones, industrial analysis, alanjones, industrial correspondent for pa media. a major overhaul of the uks financial sector will be announced by the chancellor today, in a bid to boost growth. jeremy hunt will use a speech in edinburgh to set out more than 30 regulatory reforms — including a loosening of rules on banks and their staff introduced after the financial crisis in 2008. but critics say it could be

Royal-mail , Difference , Policy , Cw , Lot , Union , Way , Things , Hadn-t , Good , Leaders , Word

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criticised for releasing a man as clearly dangerous as viktor bout. brittney griner�*s wife campaign tirelessly for her release. it's a happy day for myself and my family so i'm going to smile. brittney griner will soon arrive back in america after ten months in russia. sarah smith, bbc news, russia. a major overhaul of the uk's financial sector will be announced by the chancellor today, in a bid to boost growth. at a speech in edinburgh, jeremy hunt will introduce more than 30 regulatory reforms — including a loosening of rules on banks and their staff introduced after the financial crisis in 2008. but critics say it could be dangerous to forget the lessons of the past. earlier i got the thoughts of the banking analyst frances coppola. i think there's been quite a feeling in the city for quite a long time

Brittney-griner , Us , Viktor-bout , Release , Family , Wife , Man , Campaign , Bbc-news , Growth , Overhaul , Chancellor

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now that the regulation, the heavy regulation since the financial crisis, has maybe gone a bit too far and tied banks down a bit too much. particularly some of the smaller banks, there has been quite a lot of pushback from challenge banks such as santander and virgin money, who say that some of the rules as applied to them are onerous. it's some of those rules they are talking about relaxing, ring fencing rules, for example, that applied to challenge banks, they will be relaxed enabling them to compete better with high street banks. there has also been lobbying to water down other rules such as the personal responsibility on senior managers. i personally have reservations about that because i think senior managers should be taking personal responsibility for their decisions. i am also disturbed by, perhaps more disturbed by the framing of this, which is about growth and competitiveness and the mooted idea that regulators will be tasked

Lot , Challenge-banks , Some , Regulation , Bit , Crisis , Virgin-money , Pushback , Santander , Example , Rules , Relaxing

BBC News

come to fruition. they are still playing at a bit safe. banks and investment firms have got used to the new rules and are working with them well and certainly were not crying out for the reform. the government are billing it as brexit freedoms and the eu were looking at a lot of this anyway, it has to be said. there is a definite feeling london has fallen behind, losing its to places like paris, amsterdam, frankfurt, vying as a competition european hub. frankfurt, vying as a competition eur0pean hub-— european hub. what are the challenges? _ european hub. what are the challenges? to _ european hub. what are the challenges? to give - european hub. what are the challenges? to give a - european hub. what are the challenges? to give a bit. european hub. what are the challenges? to give a bit of| challenges? to give a bit of context. — challenges? to give a bit of context. big _ challenges? to give a bit of context, big firms - challenges? to give a bit of context, big firms listing i challenges? to give a bit of. context, big firms listing here challenges? to give a bit of- context, big firms listing here are trying to attract talent and get firms to list on the london stock exchange rather than the usa and wall street. taking deliveroo, for example, the big delivery firm, whizzing food around the world. they listed here in london, at 2.70 a share, the public were buying them and they shot up to £4 but today they are trailing at 80p, 90p, so it

Government , Challenge-banks , Rules , Safe , European-union , Reform , Investment-firms , Brexit-freedoms , Fruition , Lot , Feeling , Places

BBC News

this is bbc news. i'm luxmy gopal. the headlines at 11. major disruption to christmas postal deliveries as more than a hundred thousand royal mail staff walkout across the uk — after the latest talks to resolve their pay dispute broke down. we are not going to agree that royal mail replace those workers with self—employed drivers, with new entrants on 20% less pay, terms and conditions. ., a, , entrants on 20% less pay, terms and conditions. ., , ., ., conditions. royal mail is at a crossroads, _ conditions. royal mail is at a crossroads, losing _ conditions. royal mail is at a crossroads, losing day i conditions. royal mail is at a crossroads, losing day but i conditions. royal mail is at a i crossroads, losing day but despite that we _ crossroads, losing day but despite that we have put 9% of pay on table for our _ that we have put 9% of pay on table for our employees. the chancellor prepares to announce a major overhaul of the uk's financial sector. they're expected to include looser rules on banks and their staff,

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