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Reeves Says Regulators Are Holding Back Britain's Growth.

Authors :
White, Lucy
Noonan, Laura
Mayes, Joe
Source :
Bloomberg.com; 1/17/2025, pN.PAG-N.PAG, 1p
Publication Year :
2025

Abstract

Chancellor of the Exchequer Rachel Reeves believes that regulators are hindering the UK government's efforts to boost the economy, urging them to focus on growth by removing regulatory barriers. Reeves is facing pressure to address Britain's weak economic performance and restore investor confidence after a market slide and negative economic news. The Financial Conduct Authority has outlined steps to spur growth, including potentially lifting transaction limits and simplifying mortgage rules to support home ownership. Reeves is emphasizing fiscal responsibility and pro-growth reforms to address economic concerns and regain market trust. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
182308597