Financial Big Bang reforms

GPTKB entity

Statements (22)
Predicate Object
gptkbp:instanceOf gptkb:economic_policy
gptkbp:alsoKnownAs gptkb:Big_Bang
gptkbp:consequence London became a leading global financial center
gptkbp:country gptkb:United_Kingdom
gptkbp:date 27 October 1986
gptkbp:effect end of distinction between stockjobbers and stockbrokers
abolition of fixed commission charges
deregulation of financial markets
foreign firms allowed to own UK brokers
increased competition in financial sector
introduction of electronic trading
https://www.w3.org/2000/01/rdf-schema#label Financial Big Bang reforms
gptkbp:implementedIn gptkb:Margaret_Thatcher
gptkbp:location gptkb:London
gptkbp:purpose modernize London Stock Exchange
gptkbp:relatedTo gptkb:City_of_London
gptkb:London_Stock_Exchange
gptkb:Thatcherism
deregulation
gptkbp:sector financial services
gptkbp:bfsParent gptkb:Ministry_of_Finance_(Japan)
gptkbp:bfsLayer 5