UK Regulator Cautions Government: Deregulation May Bring Economic Growth but Also Increased Risk
2025-01-17
MSN
The UK's financial regulator has warned the government that its push for deregulation to boost economic growth may lead to increased risks, resulting in more business failures and harm to consumers. While the regulator is willing to take greater risks to support growth, it emphasizes the importance of balancing deregulation with consumer protection. This approach raises concerns about the potential impact on the financial sector, highlighting the need for careful consideration of regulatory reforms and their potential consequences on the economy and financial markets, including financial services and consumer finance.
