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MPs find UK Government unable to explain how regulation plan drives growth

UK Treasury
Photo: Getty Images

Carmen Cracknell

2 min read
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Damning report by Public Accounts Committee says ministers are pursuing a growth agenda that they don’t know how to measure.

The Public Accounts Committee (PAC) has criticized HM Treasury’s calls for regulators to take more risk to support growth, saying the Treasury was unable to give concrete advice on what risks it expects regulators to take.

The current government has pledged to cut the regulatory administrative burden on businesses, estimated

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