Growth vs consumer protection: will the Government's pro-growth agenda lead to the deregulation of financial services?
Manage episode 464247998 series 3636680
Government ministers have been talking in stereo about regulation standing in the way of growth - and have ordered regulators to explain how they can behind the pro-growth agenda.
Over the last few weeks, Consumer Duty board champions have been scrapped, the chair of the Competition Commission has been fired and the FCA has begun talking about watering down mortgage affordability rules.
So what is this deregulation drive likely to mean for the industry and consumers? Is the consumer protection framework of the last 25 years about to be dismantled? And what does all of this have to do with board games and endangered species of bats. Eve McGrady, Tim Hogg and James Daley provide the answers.
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11 episodes