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I assume he's in favour of appropriate levels of regulation. Note that a huge amount of regulation existed prior to the financial crisis.
I'm not really sure how the stockmarket screws over your bog standard worker. It's an incredibly effective way of providing investment to enable companies to grow.
Given the size of the financial services industry in the UK I also find the idea of wanting to tax and limit its competitiveness globally hard to understand.
hugo7
@JWestland
A role like that can suggest there's a conflict of interest, though there may not be.
It's a little bit unfair, of course, but my first though with people in roles like that is "the stockmarket has screwed over your bog standard worker several times, can I trust you to have my back, or will be risk be paid by me like with the banks?"
See also May. Even though it's perhaps unfair. I mean, just cos we think people are "like us" doesn't mean they are, Davis Davis did an undergrad in IT [my sector] and my, oh my...!
So, what is his role and view on regulation of taxing, the stockmarket and does he have May's ear on that?