Generally the BoE makes a lot of sense, and I don't see anything here that would change my position. I haven't seen whether Revolut has had their licence upgraded from limited yet, but that has to be due any day now that they've had their 1 year limited trial to prove operations.
When you are dealing with peoples money, I don't want these things to get rushed, and Reeves saying things like
Reeves has placed cutting red-tape on the financial services sector and other industries at the heart of her mission to turbocharge the UK’s faltering economy and has blamed over-cautious watchdogs for holding back growth.
Financial services is doing great. Probably one of the best performing parts of the UK, why don't you concentrate on literally anything else, like taxing unearned income?