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Rachel Reeves summons regulators to No 10 in drive for cuts to red tape

  • Chancellor Rachel Reeves summoned regulators to Downing Street to discuss cutting red tape and regulatory costs, aiming to boost economic growth.
  • A meeting was held at Downing Street with regulators to discuss cutting regulatory costs, as announced by Chancellor Rachel Reeves.
  • Reeves aims to reduce regulatory costs by a quarter, and business leaders have welcomed the reforms, expecting a 25 percent reduction in regulatory expenses to aid investment and economic growth.
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Proceso Digital broke the news in on Sunday, March 16, 2025.
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