Financial Services Financial Services

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

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Fiona Maxwell

Senior Correspondent


Fiona Maxwell is a financial services senior correspondent at MLex in London. She began her career as a reporter for Risk.net, writing about EU post-crisis regulation, and later worked for POLITICO in Brussels, covering the intersect between financial policy and politics. Prior to joining MLex, Fiona worked at the Bank of England as a policy adviser in the prudential policy directorate.

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