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


Published on 2024-12-28 06:20:55 - Reuters
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  • 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.

British opposition leader Keir Starmer has urged regulators to prioritize economic growth, according to a report by Sky News on December 28, 2024. Starmer, who leads the Labour Party, emphasized the need for regulators to consider the economic implications of their decisions more heavily, aiming to foster a business environment conducive to growth. This call to action comes as part of Labour's broader strategy to address economic stagnation and boost productivity if they win the upcoming general election. Starmer's comments suggest a potential shift in regulatory focus, aligning more closely with economic development goals, which could influence sectors like finance, energy, and telecommunications.

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[ https://www.reuters.com/world/uk/uks-starmer-asks-regulators-prioritise-economic-growth-sky-reports-2024-12-28/ ]
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