The UK’s Big Bang 2.0 – bonfire or bluff?

UK Chancellor Jeremy Hunt will drive the reforms. Photo: Leon Neal/Getty Images

March 17, 2023 4 min read

Will the UK government’s Edinburgh Reforms deliver on the game-changing rhetoric or turn out to be more of a damp squib?

The second half of 2022 saw significant turbulence in British politics, with a government headed by Liz Truss lasting just 49 days. Following this, a spate of changes to City of London regulations – labelled the Edinburgh Reforms – was proposed in December.

Billed ‘Big Bang 2.0’, in reference to the previous set of

The

Edinburgh Reforms, UK

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Are the UK government's Edinburgh Reforms really a Big Bang 2.0?

January 16, 2023

The British government is looking to repeal and replace Retained EU Law (REUL) relating to financial services in a package of measures dubbed the Edinburgh Reforms.