Reeves’ legacy of tinkering with the City is not enough, says Stride

Reeves’ legacy of tinkering with the City is not enough, says Stride

Sir Mel Stride has branded Rachel Reeves’ legacy in government as mere “tinkering” with City reform as the top Tory predicted her successor will create a “hostile” environment for the banking sector. In an interview with City AM, the shadow Chancellor branded Reeves’ two-years in the Treasury as “managerial incrementalism,” adding it was “not enough”. “We need a big bang two for the City, not just some kind of tinkering and incremental movement……