People in Leeds have their say on chancellor’s Leeds Reforms

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PA Media Image shows the Chancellor.
She has bobbed brown hair and is wearing a blue shirt, with a blue jacket and golden necklace. 
She is standing in front of a window looking out of it to her right. PA Media

The chancellor said the Leeds Reforms represented the widest set of reforms to financial services for more than a decade

If you have money tucked away in an old low-interest account, you can expect a message from your bank in the next few months.

You’ll be encouraged to think about whether you want to switch your cash into stocks and shares.

For those first-time buyers who think owning their own home is out of reach, a scheme backed by the government which offers low deposits is going to continue.

These are just two of the financial changes announced this week by Chancellor Rachel Reeves.

Ms Reeves, who also happens to be the MP for Leeds West and Pudsey, heralded the changes as the Leeds Reforms.

The policies announced also seek to change the way the financial ombudsman works among other more technical alterations.

But what do the people of the city after which these changes are named actually think about the wider financial…

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