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Josh Ryan-Collins
jryancollins.bsky.social
did:plc:2sr37etfbk7dtebew7oiz4hm
Very pleased to see Bailey pushing back on Reeves' flawed plans to liberalise UK banks.
UK banks primarily lend against existing assets, rather than serving the real economy. Only around 15% of all lending goes to non-financial firms, 75% to mortgages and other parts of the financial sector.
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2025-07-23T11:01:01.942Z