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flag Bank of England chief warns against loosening financial regulations, citing risks from hedge funds.

flag Bank of England Governor Andrew Bailey warns against reducing post-2008 financial regulations, stating there's no trade-off between economic growth and stability. flag He expresses concern over the growing risks posed by large hedge funds and non-bank lenders, urging for continued vigilance and potential adaptation of regulatory measures. flag This stance contrasts with government efforts to cut red tape to boost growth.

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