UK Finance Minister Urges Regulators to Foster Economic Growth

2025-01-16
UK Finance Minister Urges Regulators to Foster Economic Growth
Reuters

UK finance minister Rachel Reeves is calling on regulators to break down obstacles hindering economic expansion, instructing them to cultivate a regulatory landscape that encourages business investment, innovation, and entrepreneurship, ultimately driving UK economic growth and competitiveness in the global market, with a focus on financial regulation and economic policy. By doing so, the goal is to create a more favourable environment for businesses to thrive, leading to increased economic activity and job creation. Effective regulatory reforms can help stimulate growth, improve market confidence, and attract foreign investment.

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