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The Guardian - UK
The Guardian - UK
Politics
Heather Stewart and Helena Horton

UK regulators to face twice-yearly reviews as Reeves vows to slash red tape

Rachel Reeves United Kingdom CMA Environment Natural England
Rachel Reeves meets regulators in Downing Street
Rachel Reeves said complaints about overlapping regulation was something ‘ministers hear all the time’. Photograph: Jonathan Brady/PA

Regulators will face twice-yearly performance reviews from ministers, aimed at forcing them to be more growth-friendly, as the chancellor warned that “too much bureaucracy” is holding back the economy.

Rachel Reeves met financial, environmental and health regulators in Downing Street on Monday and urged them to continue to streamline their approach, to make it more pro-business.

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