The Bank of England stands ready to loosen key post-crisis banking rules. Billions in fresh lending capacity could soon flow to British households and businesses. This shift comes as Chancellor Rachel Reeves presses for faster economic expansion. Threadneedle Street plans to announce adjustments in early July. The Financial Policy Committee, chaired by Governor Andrew Bailey, will target the leverage ratio first. Current requirements, introduced after the 2008 meltdown, now appear too blunt for UK-focused lenders. They limit overall lending more than regulators once anticipated. But the moves extend further. Consultations will follow on easing ring-fencing requirements. These rules separate retail deposits from riskier investment banking activities. Banks currently maintain duplicate IT systems and legal teams. Rule 9.1 forces that separation. The Bank now believes other safeguards suffice to protect everyday services if investment arms stumble. Scrapping that rule could cut operational costs sharply.…