Former City minister John Glen on the regulatory changes the UK really needs now and how he’d like to see his proposed Brexit reforms put to use

Following the Rules

Today’s guest explains why he was reluctant to pursue an aspect of Chancellor Kwasi Kwarteng’s proposed financial services reforms while in office. He calls on UK regulators to rethink the way they interact with the financial services industry and lays out the case for a fundamental review of the fees the UK markets’ watchdog charges the financial services firms it polices. He also opens up on his frustrations while spearheading the UK’s post-Brexit financial services reforms through parliament and discusses his plans for the future.

John Glen has been a member of parliament for Salisbury since 2010 and became the longest-serving City minister ever when in the post from 2018 to 2022. This is his first interview about his time in office since he resigned from his ministerial role in July citing a “complete lack of confidence” in Boris Johnson’s premiership. The interview was conducted in his Westminster office.