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Labour City Lawyers Launch

The new Labour City Lawyers network was launched on Wednesday 21 March 2018. Over 20 SLL members joined Jonathan Reynolds MP, the shadow City minister, for a round-table discussion. On Brexit, attendees were keen to obtain assurances on maintaining passporting rights for the financial services. Jonathan was keen to stress that Labour cannot reject the referendum and that there must be a change to our regulatory model to reflect a rejection of the ‘four freedoms’ of the EU. However, an obvious priority in his role as a shadow treasury minister will be maintaining financial stability during a transition, and decisions affecting market access ought to be ‘at the easier end of the scale’. Jonath

Outsourcing and Labour's PFI review. Where next?

SLL co-hosted an event at the House of Commons on 27 March 2018 with Labour Business to discuss the outsourcing of public services (which is coming under greater media and public scrutiny than ever with expensive private sector failures) and Private Finance Initiatives (PFI), a topic of particular importance to Labour, as our current policy is to “look to” take control of PFI contracts, review all of them and “if necessary” take them back in-house. Our first expert speakers were John Tizard and David Walker, authors of the recent Smith Institute paper: “Out of Contract: Time to move on from the ‘love in’ with outsourcing and PFI” (which can be read here). Walker called for a review of contra

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