Chancellor summons regulators to Downing Street in war on red tape

Rachel Reeves is expected to unveil the next steps in the Government’s war on red tape (Yui Mok/PA) - (PA Wire)

Regulators have been summoned to Downing Street on Monday for a meeting with the Chancellor as the Government continues its war on red tape.

Rachel Reeves is expected to use the meeting to announce more detail on how the Government will cut the cost of regulation by a quarter and set out plans to slim down or abolish regulators themselves.