You Ask Us: Why won't Keir Starmer undo the two-child cap - and can we fix rip-off banks?
Daily Politics from the New Statesman
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The Threat of Regulatory Intervention Is Probably the Most Effective Thing
The government is still the largest shareholder in that West. If you want to bank with the government, she already are. And the government bales out banks when they fail anyway. So, what could the potential solution be to this sort of rip off bank behavior? That is it just tighter regulation? The FCA are imposing a new consumer duty. Could that help? Yes. I think it will. It is a regulatory question for the FCA and potentially the Competition and Markets Authority as well.
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