Rachel Reeves' approach to easing banking regulations aims to rebuild trust with the finance sector. In her Mansion House speech, she will address economic growth and investment in UK businesses, emphasizing Labour's commitment to revitalizing the economy post-2008 crash.
The announcement of pension megafunds intends to unlock approximately £80 billion for UK businesses and infrastructure. Reeves hopes that by relaxing restrictions, the Labour party can stimulate economic growth and regain support from the business community.
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