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UK audit office urges government to clarify risk appetite as it pushes for growth

By Sofia Gerace ( January 21, 2026, 00:01 GMT | Insight) -- The UK’s National Audit Office warned on Wednesday that the government’s push to make regulation more supportive of economic growth risks falling short without clearer accountability, monitoring and agreement on risk-taking. In a report on the government’s growth agenda, the UK's independent public spending watchdog said the government had not defined the level of risk it expects regulators to take on, even as ministers push for a less risk-averse approach.The UK’s National Audit Office warned on Wednesday that the government’s push to make regulation more supportive of economic growth risks falling short without clearer accountability, monitoring and agreement on risk-taking....

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