UK banking rules face biggest shake-up in more than 30 years

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Rules introduced after the financial crisis in 2008 aimed at limiting risks will be eased. …

Leading hedge fund manager Sir Paul Marshall of Marshall Wace recently described the London financial markets as a “Jurassic Park” of old-fashioned companies and investors, and it has struggled to attract the world’s fastest growing companies to list on UK exchanges, often losing out to New York, Shanghai or even Amsterdam.

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