Sector Regulation Sector Regulation

Comment: UK financial regulation will struggle to halt cost-of-living pain

By Fiona Maxwell
  • 10 Aug 2022 15:22
  • 10 Aug 2022 15:22
UK lenders have been told to improve how they treat at-risk borrowers, but as that number is set to soar, financial regulation may struggle to keep pace.

For the most part, government and monetary policy should be the primary response to a cost-of-living crisis: higher interest rates are a major tool to tackle

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