UK plans to relax ringfencing rules on banks to spark Brexit ‘big bang’

16 comments
  1. You weathered 2008, endured the pandemic, survived the mini-budget, but now hold on to your hats for here comes “The Big Bust”.

    Feckin’ Tory chumps.

  2. This clearly cant be due to stupidity… it is deliberate. destroy the economy and the rich swoop in and buy everything until no one else has anything.

    Forget buying your own home…. forget renting one… forget renting a room. We will all be like to domestic helpers in Hong Kong living in barracks/boarding houses/shared rooms.

  3. I think the article must be misrepresenting the discussion somehow because if smaller lenders are exempt and bigger ones aren’t, how would that even work, some banks are more likely to have a run on them than others?

  4. They’ve stolen just about all the public assets, now they’re coming for our savings.

    This isn’t a joke. This is literally what they’re saying they’ll do.

  5. The economy has to be more than the city. The economy has to be more than the city. The economy has to be more than the city. How hard is that to get? Apparently impossible. Yes… Deals are done. Money is made. But who sees it? An account in the Caymans? OK… some goes to the exchequer.. but we desperately need local councils to have money again, to spend. That is a big driver. We need working and middle class folk to have money to spend. So we cannot continue with these rent prices and energy prices. We need brexit to fuck off. We need UK companies to be able to trade, without drowning in new red tape. This is fucking bonkers. Ahhh. Rewards for the bankers. Fuck the rest of you. Standard playbook! Why can’t we have a government that governs for everyone. Why is that so damn seemingly impossible?

  6. You know this isn’t going to work because they always put more thought into making sure every one of their stupid fucking soundbites has alliteration.

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