Top Britain bank chiefs urge Chancellor to scrap ring-fencing in letter, Sky News reports

Reuters

2025/04/26

April 26 (Reuters) - Chief executives of HSBC Holdings HSBA.L, Lloyds Banking Group LLOY.L, NatWest Group NWG.L and Santander UK have told finance minister Rachel Reeves to abolish bank ring-fencing, Sky News reported on Saturday citing a letter obtained by them.

(Reporting by Disha Mishra in Bengaluru; Editing by Alexandra Hudson)

((Disha.Mishra@thomsonreuters.com;))

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