Skip to Primary Navigation

Skip to main content

UK regulators could face government audit as push for economic growth continues

UK chancellor Rachel Reeves
Chancellor Reeves is under pressure to enforce the government’s growth agenda. Photo: Peter Cziborra – WPA Pool/Getty Images

Hameed Shuja

1 min read
 Click to share on Facebook (Opens in new window/tab) Click to share on Twitter (Opens in new window/tab) Click to share on LinkedIn (Opens in new window/tab) Click to share on WhatsApp (Opens in new window/tab)

But critics argue too much government intervention could weaken the UK’s strong independent regulatory sector.

More than one hundred UK regulators, covering sectors from financial services to fisheries, could soon be facing a government audit into their performance, the FT has reported.

Chancellor Rachel Reeves also wants to assess the need for some of those regulators, and could even decide to get rid of some

, , , , , , , , ,