'Too much bureaucracy,' Chancellor Rachel Reeves tells regulators
Source: BBC
The chancellor has told regulators there is "too much bureaucracy" as she aims to slash red tape to boost economic growth.Rachel Reeves met industry watchdogs on Monday, revealing plans to cut the cost of regulation, including on environmental measures, and axe some bodies entirely.It comes as a leading think tank cut its UK growth forecasts for 2025 and 2026 as it downgraded prospects for the global economy over…
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