Reeves launches new bonfire of regulations in bid to boost economic growth
Rachel Reeves is preparing to axe a significant number of regulators, as the government continues its war on red tape.It comes as part of an attempt to kickstart economic growth and “free businesses from the shackles of regulation”, the chancellor said. Regulators have been summoned to Downing Street on Monday for a meeting with Ms Reeves, where she is expected 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 the bodies themselves.The meeting follows the announcement last week that NHS England – dubbed the world’s largest quango – would be scrapped as part of efforts to cut costs and boost economic growth.Rachel Reeves has said she wants to ‘free businesses from the shackles of regulation’ More