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Reeves dials up risk in UK financial services as she seeks to boost growth

UNITED KINGDOM, JUL 12 – Rachel Reeves pledges to cut financial regulation by 25% to revive UK growth amid two months of GDP contraction and an exodus of millionaires, aiming to boost London's competitiveness.

  • UK firms will benefit from reduced regulations, allowing easier access to cash and listings on London stock markets, as confirmed by the Financial Conduct Authority .
  • Chancellor Rachel Reeves supports measures to cut red tape in hopes of driving economic growth and encouraging investment in the UK.
  • New rules from the FCA will reduce time and complexity for companies seeking to issue shares, streamlining the process for raising funds.
  • Reeves aims to position the UK as a prime location for business while facing pressure to revive the economy amid challenges in the financial services sector post-Brexit.
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Associated Press NewsAssociated Press News
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Lean Left

UK Treasury chief will slash financial services red tape to boost investment

U.K. Treasury chief Rachel Reeves has announced plans to cut regulations for banks and finance firms to boost the economy.

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The National broke the news in Glasgow, United Kingdom on Monday, July 14, 2025.
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