Rachel Reeves has warned Britain’s regulators they must come up with better ideas to boost economic growth after hauling them in for a summit at the Treasury.Seven of the main regulators met the Chancellor to present five ideas each for how they can shift their focus further towards growth.But Reeves warned that “fresh ideas were needed” and urged the bodies to think again about ways to contribute to the push for a healthier economy.She is seeki…

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Rachel Reeves demands better ideas for growth from consumer watchdogs

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Chancellor pledges to work with regulators to develop ambitious reforms.  Today’s summit marks the first in a series of meetings with the regulators ahead of publishing action plan. Reeves welcomes initial ideas from regulators to boost innovation and investment, but pushes for more ambition. The CEOs of key regulators were urged to ‘tear down regulatory barriers’ that hold back economic growth at a summit in the Treasury yesterday.    In a meet…

The NEN - North Edinburgh News

Chancellor calls on watchdog bosses to tear down regulatory barriers that hold back growth

It came after fresh data from the Office for National Statistics (ONS) showed that the UK economy grew by a weaker-than-expected 0.1% in November. Rachel Reeves has urged regulators to “tear down” red tape in a bid for stronger economic growth. The under-pressure Chancellor and the Business Secretary met with bosses of watchdogs covering the railways, water, energy, and aviation sectors on Thursday. She told the bosses that they must “tear down …

perspectivemedia.com

Chancellor urges regulators to ‘tear down’ red tape in bid for growth

The CEOs of key regulators were urged to ‘tear down regulatory barriers’ that hold back economic growth at a summit in the Treasury.In a meeting hosted by the Chancellor of the Exchequer and Secretary of State for Business and Trade, chief executives at watchdogs covering sectors including railways, water, energy, aviation were told that economic growth is “the absolute top priority” for the UK Government.The meeting was the first in a series fo…

Business News Wales

Chancellor Calls on Watchdog Bosses to 'Tear Down Regulatory Barriers That Hold Back Growth'

The Chancellor will meet regulators today to drive home the government’s message that it expects them to allow firms to drive for growth. Rachel Reeves has summoned the Competition and Markets Authority, communications regulator Ofcom, water regulator Ofwat, and the energy regulator Ofgem to No 11 and expects to hear

Mortgage Strategy

Reeves summons regulators to drive home growth agenda   – Mortgage Strategy

The Chancellor will meet regulators today to drive home the government’s message that it expects them to allow firms to drive for growth. Rachel Reeves has summoned the Competition and Markets Authority, communications regulator Ofcom, water regulator Ofwat, and the energy regulator Ofgem to No… The post Chancellor meets watchdogs to press growth agenda   appeared first on Mortgage Finance Gazette.

Rachel Reeves demands better ideas for growth from consumer watchdogs

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