The Guardian

Reeves to say rules and red tape are ‘boot on the neck’ of innovation


At the Mansion House dinner she will call for regulators to allow more risk to clear the way for economic growth

Rachel Reeves will say that rules and red tape are acting as a “boot on the neck” of businesses and risk “choking off” innovation across the UK without bold reforms.

In a speech to City bosses attending the Mansion House dinner at London’s Guildhall on Tuesday evening, the chancellor will heap further pressure on regulators to allow for more risk in order to boost economic growth.

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Source link : https://www.theguardian.com/politics/2025/jul/15/rachel-reeves-rules-red-tape-boot-on-neck-innovation-mansion-house

Author : Kalyeena Makortoff Banking correspondent

Publish date : 2025-07-15 17:00:00

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