Labour sets up regulatory review in pledge to block further 'Carillion scandals'

James Phillips
clock • 2 min read

The Labour party will hold an independent review of financial services regulatory bodies in the wake of the collapse of construction giant Carillion.

In a speech on 19 May, shadow chancellor John McDonnell said regulators - including The Pensions Regulator (TPR) - had "failed to do their jobs" in the run-up to the company's failure. The party...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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