Written questions

Financial Services

Commons · Question 42323 · Tabled 28 Mar 2025 · Treasury · Official record

Answered 3 Apr 2025

Question

Asked by James Wild

To ask the Chancellor of the Exchequer, what steps her Department is taking to reduce the level of compliance costs for financial services.

Answer

Answered by Emma Reynolds, 3 Apr 2025

The government has committed to cutting the administrative costs of regulation for business by 25% by the end of the Parliament. This will take a whole-of-government approach to establish a baseline for the administrative costs of regulation and deliver a...