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Labour demands regulators cut red tape

Rachel Reeves

Chancellor Rachel Reeves met with “top regulator bosses” in Downing Street today (17 March) to demand they cut the administrative cost of regulation on business by a quarter.

Reeves, pictured, handed the watchdogs Labour’s plan for a “radical shake-up” of regulation that she claimed would ensure regulators work for the people of Britain, rather than get in the way of

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Insurers are under growing regulatory pressure to treat non-financial misconduct as a core conduct risk, according to Loka Venkatramana from Pathlight Associates, who says they should use cultural and behavioural data with the same rigour as financial metrics to identify and address problems before they damage customers, staff or the market.

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