Ever since the global financial crisis, City bosses have complained that politicians don’t give financial services enough love. The attitude to one of the UK’s few world-leading industries has been at best lukewarm, they moaned.
Well, they can hardly lay that charge against the new prime minister. Liz Truss is surely the only world leader who has singled out the reform of Mifid II rules on payment for equity research as one of the key objectives of a new administration.
Some...
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