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22 January 2025

City AM's Conchie: PRA under pressure to cut red tape as growth plans fail to excite the City

The banking regulator is under pressure to go further and faster in its efforts to cut red tape from the City after it outlined plans to boost the growth of firms within its remit last week.

In a letter to the Prime Minister and Chancellor, the PRA, which sits within the Bank of England and has...

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