Written Question·Treasury·UIN 42323

Financial Services

Tabled: 28 March 2025
Answered: 3 April 2025

Question

James Wild

ConservativeNorth West Norfolk

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

Answer

Emma Reynolds
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...

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