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Regulators get targets to cut red tape and boost the economy

Ministers will make Britain’s 16 biggest regulators undergo twice-yearly performance reviews as part of a strategy to speed up big infrastructure projects.

 Rachel Reeves will meet UK regulators on Monday after calling for more
action to restrict red tape and spur economic growth. The chancellor argued
that government plans would reduce costly delays and disputes, saving
businesses billions, and said regulators must accept a more streamlined
decision-making process. Reeves is expected to use the meeting to announce
more detail on how the government will cut the cost of regulation by a
quarter and set out plans to slim down or abolish regulators themselves.
High on the chancellor’s target list are the costly hold-ups to major
infrastructure projects when environmental concerns are raised.

 Guardian 17th March 2025, https://www.theguardian.com/business/2025/mar/17/reeves-to-outline-plan-to-cut-regulation-costs-and-boost-growth

March 19, 2025 - Posted by Christina Macpherson | politics, UK