Reeves takes aim at regulation during growth speech

Regulation stifling growth

Cameron Roberts
clock • 2 min read

Chancellor Rachel Reeves delivered a broad-ranging-speech today (29 January, 2025) in Oxfordshire, in which she highlighted that regulation should be focused on growth in the future.

In her speech, the Chancellor also detailed plans for a third runway for Heathrow Airport and refused to rule out further tax rises in March. As she discussed regulation, Reeves said: "Businesses are held back by a complex and unpredictable regulatory system and that is a drag on investment and innovation." As recently as last week, Reeves has met with CEOs of key regulators to "tear down regulatory barriers" that hold back economic growth. She continued: "We need to go further and we need to go faster, so earlier this month I met the heads of some of our largest regulators. "Th...

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