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Chancellor Urges Regulators to Remove Growth Barriers

1/18/2025

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Story summary
  • Chancellor Rachel Reeves passionately called on UK regulators, including Ofcom and Ofgem, to dismantle obstacles hindering economic growth. In a pivotal meeting, she highlighted the Financial Conduct Authority's intention to ease reporting requirements, reinforcing the government's commitment to prioritizing growth to bolster public services and drive investment forward.