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Starmer asks UK regulators for ideas to boost growth

BBC Business LogoBBC Business1d ago

Starmer asks UK regulators for ideas to boost growth - BBC Business

Quick Summary:

The prime minister writes to regulators including Ofgem and Ofwat for ideas to boost economic growth.

It added that it had already delivered measures since the summer to support growth, including reforming information that retail investors receive, as well as making proposals to provide better value for money for workplace pensions.

And in October, addressing a summit of international investors in London, he said: "We've got to look at regulation across the piece, and where it is needlessly holding back investment… mark my words, we will get rid of it".


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Article Details

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-28 @ 19:32:32 (1 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 633 words

Reading Time: 4 minutes read

Sentences: 23 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 24717148

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About BBC Business

BBC Business Logo

Main Topics: Business

Official Website: bbc.co.uk

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 1 days ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

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