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UK regulatory system to be rebalanced to drive growth, Reeves will tell financial industry

( November 14, 2024, 18:00 GMT | Official Statement) -- MLex Summary: UK finance minister Rachel Reeves will announce "a package of reforms to drive growth and competitiveness in financial services" in a speech to the industry this evening. Her first edition of the annual Mansion House speech will also outline how the regulatory system will be rebalanced to drive economic growth and competitiveness, the UK Treasury said. Financial regulators have in parallel received "growth-focused" remit letters from the minister.Statement follows....

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