Rachel Reeves and Andrew Bailey clash over Revolut meeting
Chancellor’s aim to discuss fintech becoming fully fledged bank thwarted by BoE governor
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Threadneedle Street blocked ongoing discussions for fintech company to become fully fledged bank
Barclays chief says Revolut benefits from lack of UK banking licence
CS Venkatakrishnan tells FT summit that fintech rival does not have to meet ‘obligations’ imposed on traditional lenders
Rachel Reeves set to spare UK banks from Budget tax raid
Chancellor acknowledges lenders already pay high levels of tax by international standards
Reeves’ ambitious growth rhetoric clashes with reality
The chancellor’s plans for a reset with the EU lack credibility
Rachel Reeves’ gambit
A year after her last bombshell Budget, the chancellor is once again mired in political chaos. Could the fallout consume both her…