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Reeves outlines UK financial rules overhaul 'to take boot off neck of business'

By Sofia Gerace and Phoebe Seers ( July 15, 2025, 17:00 GMT | Insight) -- The UK's financial services sector is about to enjoy the “widest-ranging reforms to financial regulation in over a decade,” finance minister Rachel Reeves said today as she unveiled a slew of proposed pro-growth changes. The plans include easing the regime for senior managers, freeing up capital and boosting retail investment. Reeves outlined the government's new strategy to boost the financial sector ahead of a major speech this evening.The UK's financial services sector is about to enjoy the “widest-ranging reforms to financial regulation in over a decade,” finance minister Rachel Reeves said today as she unveiled a slew of proposed changes to underpin her government's pro-growth agenda....

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