Sunak to confirm plan to give Treasury call-in powers over City regulators

Sunak to confirm plan to give Treasury call-in powers over City regulators

City A.M.

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Rishi Sunak is set to push ahead with plans to give ministers the power to overrule decisions made by City regulators. The Treasury has confirmed the government will still go-ahead with the Liz Truss and Kwasi Kwarteng initiative, despite concerns from the Bank of England about the measure. The new call-in power will see ministers [...]

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