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Hunt’s financial reforms could win an election – and crash the UK economy

The chancellor has put the economy on the line to appeal to Brexiteers, hedge fund managers and City oligarchs

By Adam Ramsay
Hunt’s financial reforms could win an election – and crash the UK economy
Jeremy Hunt has announced cuts to the UK's financial regulation | Tayfun Salci/ZUMA Press Wire/Alamy
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Today, Jeremy Hunt unveiled the Conservative Party’s plan for re-election in 2024.

At a meeting with bank bosses in Edinburgh, the chancellor announced the biggest cuts to financial regulations in a generation, butchering laws introduced after the 2008 crash to protect customers – and the state – from the gambling addiction of coked-up city slickers.

The aim, it appears, is twofold.

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Creative Commons Attribution-NonCommercial 4.0