The reforms Kemi Badenoch announces today will see the end of ringfencing and the end of an unfair international disadvantage imposed through capital requirements set by regulators. This is only the start. We will go further

Kemi Badenoch will argue that the City has not been championed by governments and that there was a "risk averse" culture in the UK.

The Tory leader will call for the Financial Service Ombudsman to be replaced in a speech on Thursday.

The Tory leader will warn that red tape and excessive regulation on banks have killed growth, jobs and pensions income in a major speech.

Kemi Badenoch will step up her efforts to woo the City as she pledges to wield the axe on post-financial crisis banking regulation.

The reforms Kemi Badenoch announces today will see the end of ringfencing and the end of an unfair international disadvantage imposed through capital requirements set by…