Written questions

Financial Services: Regulation

Commons · Question 61631 · Tabled 20 Jun 2025 · Treasury · Official record

Answered 26 Jun 2025

Question

Asked by Blake Stephenson

To ask the Chancellor of the Exchequer, what steps her Department plans to take to reduce regulations on financial service businesses.

Answer

Answered by Emma Reynolds, 26 Jun 2025

In the March Regulation Action Plan, the government 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 ...