Chancellor will meet regulators after calling for action to restrict their scope in bid to save businesses billionsRachel Reeves will meet UK regulators on Monday after calling for more action to restrict red tape and spur economic growth.The chancellor argued that government plans would reduce costly delays and disputes, saving businesses billions, and said regulators must accept a more streamlined decision-making process. Continue reading...
Rachel Reeves will meet with UK regulators to outline plans to cut regulation costs by a quarter, streamline decision-making, and boost economic growth. The plan includes scrapping regulators, reducing red tape, and implementing 60 measures agreed upon by regulators. The aim is to free businesses from regulatory burdens, boost investment, and create jobs. The move has received support from the CBI but criticism from the Conservative shadow chancellor.
