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Reforms to UK payments landscape go beyond my expectations, review author says

By Phoebe Seers ( April 1, 2025, 08:00 GMT | Comment) -- The author of an influential UK "future of payments" review has said recent government reforms to sector regulation have gone further than even he imagined. Joe Garner’s review set in motion events that led to the government aiming to cut red tape for businesses by a quarter and earlier this month abolishing the Payment Systems Regulator. Garner told MLex he was "thrilled" at the push for a simpler regulatory architecture. Payments firms will "never get a better chance than this,” he said.The author of a UK "future of payments" review that laid the groundwork for the government's recent National Payments Vision has said recent reforms to payments regulation have gone further than he imagined....

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