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Chancellor Jeremy Hunt PRAISED for post-Brexit banking overhaul as he AXES EU rules

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The Government has launched a raft of major reforms to the financial sector to replace EU regulation and cut red tape.

Chancellor Jeremy Hunt said the so-called “Edinburgh Reforms” will seize on “Brexit freedoms” to overhaul banking rules, with changes including a review of accountability rules for bankers and easing capital requirements for smaller lenders.

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47 Comments

47 Comments

  1. @maxwild1212

    January 16, 2024 at 12:42 pm

    When you say "Brexit Freedoms(TM)", what you are referring to are freedoms for the government and the bankers. The average person is less free due to Brexit.

  2. @GrouchoMarx-MaGeorge

    January 16, 2024 at 12:42 pm

    We didn't vote for these idiots.
    Vote Reform

  3. @philroo1

    January 16, 2024 at 12:42 pm

    I'll bet the banks knew what they were getting out of Brexit while the rest of you mugs were happy with vague claims of taking back control of borders (which you're obviously never getting).

  4. @t-zero8880

    January 16, 2024 at 12:42 pm

    …and with this reform, if a bank fails, it can use retail deposits to bail itself out or use those funds as guarantee.

  5. @t-zero8880

    January 16, 2024 at 12:42 pm

    I had a colleague with a face like Hunt and he was a fkin c*nt

  6. @MrGieltedze

    January 16, 2024 at 12:42 pm

    Funny the examples he gives about investment of our pension funds here in the Neterlands, that is in the EU, no problem to invest in that.. He is lying.

  7. @widervision710

    January 16, 2024 at 12:42 pm

    Seriously? I think all areas of that Brexit Benefit B/S have been exhausted by now?
    The gift just keeps on giving …..

  8. @carlcollins6659

    January 16, 2024 at 12:42 pm

    Is he implementing CCP rules in place of the EU ones.

  9. @shaw99livecouk

    January 16, 2024 at 12:42 pm

    Setting up the next crash…Good old jezza

  10. @kurtgodel5236

    January 16, 2024 at 12:42 pm

    "Post-Brexit financial reform" sounds very clever. Almost as clever as Brexit …

  11. @aleccap5946

    January 16, 2024 at 12:42 pm

    Apparently Hunt is the wizard behind the curtain while that excuse for a PM darnces his mery tune

  12. @anthonywilson8998

    January 16, 2024 at 12:42 pm

    It would help if we fracked our own gas instead of paying 4 times the price to USA and for what produces 3 times the CO2. RUBBISH

  13. @tammymarks

    January 16, 2024 at 12:42 pm

    Praised by other globalist scumbags – he's destroying the country.

  14. @garywebster3585

    January 16, 2024 at 12:42 pm

    More money laundering to make the rich richer

  15. @tRx777

    January 16, 2024 at 12:42 pm

    Ah the grab for your savings start banks using your loot to fund playing roulette on the risky stuff as the bank garente

  16. @williamroberts7919

    January 16, 2024 at 12:42 pm

    we are at 70% of the german economy we are finished, Brexit caused this and i'm a leave voter they are talking shite. please people, dont fall for this nonsense, the tories have screwed the country vote for Patriotic Alternative no you cant cos they are scared of proper right wing parties.

  17. @ydnallah1541

    January 16, 2024 at 12:42 pm

    At least the rich will get richer….meanwhile hard working commoners are vilified for striking over poor pay and conditions

  18. @DH-zp7bc

    January 16, 2024 at 12:42 pm

    He needs to do this so we can have another epic banking fail. We should all be so grateful of course.

  19. @BILLVANNER

    January 16, 2024 at 12:42 pm

    Probably the only time he will receive praise from anyone outside of his family. He needs to go with sunak.

  20. @thelastofus2872

    January 16, 2024 at 12:42 pm

    It's only so he can do his masters bidding (satanic Zionists) and take the UK into the digital slave economy and the WEF agenda of removing their failed fiat currencies. This man is a corrupt untrustworthy and ultimately evil man, as is anyone involved in politics today knowing how its controlled by the same people on both sides

  21. @steveross8364

    January 16, 2024 at 12:42 pm

    The banking sector is run by a bunch of greedy twits who will do any shady deal as long as they make profits. The handcuffs are off, how long before these morons crash the economy again? Not that Hunt & Sunak will care, they'll be right there at the trough with their snouts right in.

  22. @bsport131

    January 16, 2024 at 12:42 pm

    Amazing how some EU rules can be changed but some cannot

  23. @alanjeffs-ep8lq

    January 16, 2024 at 12:42 pm

    Everything he does is for the rich, having him and Sunak in Charged has made us all much poorer, wouldn't mind nobody voted them in. REFORM for me, from now on

  24. @johnwilkinson4951

    January 16, 2024 at 12:42 pm

    What by email from China

  25. @kirstenrichards8558

    January 16, 2024 at 12:42 pm

    The reforms will just make it easier for them to committ and get away with dodgy financial crime, and to steal more taxpayer money. We aren't fkng stupid you know.

  26. @marc7412

    January 16, 2024 at 12:42 pm

    More dodgy risky deals will be made using your pension pot…. say what you really mean pal 👍

  27. @elainepitkin3561

    January 16, 2024 at 12:42 pm

    And it doesn't matter what the Conservatives do l'll be voting Reform.

  28. @ianjones3568

    January 16, 2024 at 12:42 pm

    2:29 love the way this guy makes out the banks balance sheet is much better than in 2008. Who is he trying to kid. This is a token effort.

  29. @elainepitkin3561

    January 16, 2024 at 12:42 pm

    Jacob Fees Mogg should be getting the credit for this. Hunt is not to be trusted at any cost.l despise the man.

  30. @InakiCampo

    January 16, 2024 at 12:42 pm

    Ugh! Playing roulette! Warning signs that we don't face 2008 again. Clutching at straws to show Brexshit Bullshit benefits.

  31. @stuartsteel1

    January 16, 2024 at 12:42 pm

    He's married to a chicom.

  32. @plugsocket9432

    January 16, 2024 at 12:42 pm

    I don't believe the WET TORY!

  33. @rodgerlucas7528

    January 16, 2024 at 12:42 pm

    Record taxation under this supposedly ‘Conservative’ government? There is no incentive to work hard today if you are on stuck on PAYE as HMRC take far too much.

  34. @Norcha8

    January 16, 2024 at 12:42 pm

    Good news. Ignore the Labour activists pretending to be GBNews viewers saying the same talking points over and over.

    Can only hope in late 2023 we see tax-cuts after inflation is dealt with. One hopes.

  35. @joesph5692

    January 16, 2024 at 12:42 pm

    He definitely isn't being praised by the tax payers, these stories are bullshit.

  36. @petermitchell6348

    January 16, 2024 at 12:42 pm

    Glass-Steagall !

  37. @chrisspencer6502

    January 16, 2024 at 12:42 pm

    I'll wait and see. Like all Brexit related changes they generally have fantastic promises but when it comes to implementing them it's generally a problem

  38. @MassiveLib

    January 16, 2024 at 12:42 pm

    Bread crumbs

  39. @michaelmahon8896

    January 16, 2024 at 12:42 pm

    So Chunt will be looking after his city of London buddies until we can vote the Chunt out of office,,, it's still big man rich, little man poor

  40. @jr-cx1ve

    January 16, 2024 at 12:42 pm

    wef globalist

  41. @jackieo8235

    January 16, 2024 at 12:42 pm

    If conservatives or Labour get elected, let it be known you will be voting for WEF. You will own NOTHING, you will not have freedom of speech along with a lot lot more of what you can’t have. Globalists WEF are for the super, super rich and that doesn’t mean millionaires.

  42. @mauricetucker8754

    January 16, 2024 at 12:42 pm

    Can we hold you to account for this after the last financial crisis and debts

  43. @viper_fan

    January 16, 2024 at 12:42 pm

    🍿🇪🇺

  44. @andystreet4022

    January 16, 2024 at 12:42 pm

    He is a Europhile and a Globalist taking advantage of available changes that will benefit him and his mates….it wont be for us proles.

  45. @chris-bk9yg

    January 16, 2024 at 12:42 pm

    Vote reform

  46. @probono6090

    January 16, 2024 at 12:42 pm

    Reform packages regulators growth
    No concern
    Bs

  47. @royboy1901

    January 16, 2024 at 12:42 pm

    The banks are healthier now ,have they paid back the money to the U.K. taxpayers they used to keep them afloat 15 years ago

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