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UK political chaos sets off alarm bells in City of London

London | City of London executives have expressed anxiety that the turmoil rocking the UK government may delay or derail post-Brexit reforms aimed at boosting competition and growth.

The resignations of Chancellor Rishi Sunak and John Glen, economic secretary to the Treasury, sent shock waves across financial firms, while the escalation of ministerial departures this week triggered questions about how long new appointments, including Nadhim Zahawi as chancellor, would stay in their posts.

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    Original URL: https://www.afr.com/world/europe/uk-political-chaos-sets-off-alarm-bells-in-city-of-london-20220707-p5azzg