Insightful Word
  • Investing
  • Stock
  • Economy
  • Politics
  • Investing
  • Stock
  • Economy
  • Politics
No Result
View All Result
Insightful Word
No Result
View All Result
Home Stock

UK’s Starmer asks regulators to prioritise economic growth, Sky reports

admin by admin
December 28, 2024
in Stock
0
UK’s Starmer asks regulators to prioritise economic growth, Sky reports
0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

LONDON (Reuters) – British Prime Minister Keir Starmer has asked the country’s regulators, including the financial and competition watchdogs, to remove barriers to growth in an effort to revive a sluggish economy, Sky News reported on Saturday.

Starmer wrote to more than ten regulators – including the Financial Conduct Authority, the Competition and Markets Authority and energy and water regulators Ofgem and Ofwat – on Tuesday, asking them to present pro-growth initiatives to Downing Street by mid-January, Sky said.

It cited one recipient of the letter, which was also signed by finance minister Rachel Reeves, as saying it was unambiguous in its direction to prioritise economic growth and investment.

Sky said the Financial Reporting Council, media regulator Ofcom, the Environment Agency and healthcare regulators also received the letter.

Downing Street did not immediately respond to a Reuters request for comment.

Official figures last week showed Britain’s economy failed to grow during the first three months of Starmer’s new government, adding to signs of a slowdown.

Business groups have also said the government’s tax-raising Oct. 30 budget would make it harder for companies to invest and recruit workers in the short term.

This post appeared first on investing.com

Previous Post

Morgan Stanley boosts consumer finance outlook for 2025

Next Post

2025 investment strategy: Look for ‘babies that get thrown out with the bathwater’

admin

admin

Next Post
2025 investment strategy: Look for ‘babies that get thrown out with the bathwater’

2025 investment strategy: Look for ‘babies that get thrown out with the bathwater’

Trending News

Long STLD: bullish breakout signals uptrend, targeting $150 with strategic initiatives boosting growth

Long STLD: bullish breakout signals uptrend, targeting $150 with strategic initiatives boosting growth

October 10, 2024
How billionaire Caltagirone could influence Italy’s banking M&A wave

How billionaire Caltagirone could influence Italy’s banking M&A wave

February 20, 2025
Dogizen launches first initial coin offering on Telegram ecosystem: should you invest?

Dogizen launches first initial coin offering on Telegram ecosystem: should you invest?

October 4, 2024
Subscribe to Insightful Word


    Recent News

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    June 5, 2025
    Ripple releases $2.18B in XRP, price dips 2%

    Ripple releases $2.18B in XRP, price dips 2%

    June 5, 2025
    Nintendo Switch 2 launch sees shortages as 2.2M vie for units in Japan

    Nintendo Switch 2 launch sees shortages as 2.2M vie for units in Japan

    June 5, 2025
    Why Bank of America sees 13% upside on Roblox (RBLX)

    Why Bank of America sees 13% upside on Roblox (RBLX)

    June 5, 2025

    Recent News

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant

    June 5, 2025
    Ripple releases $2.18B in XRP, price dips 2%

    Ripple releases $2.18B in XRP, price dips 2%

    June 5, 2025

    Latest News

    • ARB eyes recovery as Arbitrum taps agentic DeFi revolution with $1M grant
    • Ripple releases $2.18B in XRP, price dips 2%
    • Nintendo Switch 2 launch sees shortages as 2.2M vie for units in Japan

    About Insightful Word

    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools
    • Contacts
    • Cookie Notice
    • Privacy Policy
    • Terms of Service
    • Trading tools

    Copyright © 2025 Insightfulword.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Stock
    • Economy
    • Politics

    Copyright © 2025 Insightfulword.com. All Rights Reserved.