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UK competition, financial watchdogs' pro-growth shift praised by finance minister

By Sofia Gerace ( September 10, 2025, 12:13 GMT | Insight) -- Efforts by the UK's competition and financial markets regulators to embrace the government's pro-growth agenda won praise today from finance minister Rachel Reeves, who has previously sharply criticized them for being interventionist or risk averse. She acknowledged "getting rid" of the Competition and Markets Authority's previous chair, and that the Financial Conduct Authority's head was reappointed due to his alignment with the government's agenda.Efforts by the UK's competition and financial markets regulators to embrace the government's pro-growth agenda won praise today from finance minister Rachel Reeves, who has previously sharply criticized them for being interventionist or risk averse. ...

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