UK adjustment ‘an opening in the neck of the work’, Reeves to say to the city

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Chancellor Rachel Reveves operates as “a boot in the work of the work, as” the first regulatory culture of the British security in the London’s Safety is in the economy.

Reeves, using an annual mansion house speech, is the greatest cutting cut of the largest in the regulation of financial services within a year to eliminate the risk of the economy.

It will say that the drivers against the red tape should be extended to all sectors of the economy, and checks that Britain should accept a new culture where the rules are placed to increase the risks.

“We must do more work,” reveves will say. “In many areas, regulation still plays a boot role in the neck, the enterprise and innovations are drowning innovation with growth life.”

“In other sectors, regulators should not turn this tonight and bend with extreme caution.” “They must boldly regulate growth in the welfare service in our country.”

Reeves’s city gorgeous need to take more risk, and the regulatory culture that rooted after the financial crisis of 2008.

This means in the city Replacement of Ringnating Rules Retail sales and investment banking activities of British banks – a change presented after 2008 – a change in connection with capital and reporting requirements.

Earlier Tuesday, Reeves announced the expansion of what he claims to be overhauled in the city’s extreme rigid high manager regimes and a very criticized financial ombudsman’s service.

Chancellor will also launch a new list to support and grow enterprises and growth and growth enterprises and growth in the UK as the efforts to revive the stock exchange.

Meanwhile, the public will be encouraged by the national advertising campaign to invest in shares and investing in shares to take more risk, shares and returns by banks and returns.

The reveves are under pressure to get more political risk.

His comments attracted a feast in the office as a result of reforms as a result of reforms as a result of the reforms needed to change the economy in the office of workers.

Despite the increase in public investment in time, “It does not feel like a radical change”, “as a radical change”, Helen Miller, the director of the Institute of Fiscal Studies, told an event on Tuesday.

“Growth should be a number one missions,” he said. “We should throw the kitchen sink (but) don’t feel like this.” Added that new attention to increasing defense costs restricts coverage to invest in other areas such as local transport or non-military research and development.

Miller was a “political choice” of a government, which is the “obsession”, which is the “obsession” of the title room, which is contrary to the financial rules of the Chancellor.

Meanwhile, the head of the office for budget liability Richard Hughes, while applying to MPs on Tuesday, hit a gloomy note on the health of the state finance.

The head of Finance Watchdog warned the “causes of concern” about the level of public debt in the UK, taking into account the severe influence of economic strokes and such events such as the financial crisis and pandemic.

“We have already raised a lot of taxes in this country – the tax burden is always approaching high, so we used this policy comfort,” he said.

The country’s volume approaches the highest levels of personnel, and the demand of pension funds for the UK government debt is declining.

Additional report by Sam Fleming