Barclays boss breaks from FTSE 100 peers on Reeves lobbying
Wednesday, 30 April 2025 ()
The chief executive of Barclays has defended the ring-fencing regulation facing British banks, despite his FTSE 100 peers calling on the Chancellor to abolish it. CS Venkatakrishnan told Sky News on Wednesday morning that the benefits of protection offered by the rules outweigh the costs of implementing and administering the system. The UK’s ring-fencing regime [...]
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