UK financial regulators in retreat as prime minister piles on pressure

City cheers Sir Keir Starmer’s crackdown on red tape but there are questions over how much it can boost growth

Topics

Starmer to target ‘cottage industry of blockers’ in overhaul of regulators

UK prime minister will also talk up potential of AI to increase productivity across the state
Financial Times - 4h
Starmer axes UK payments watchdog as part of anti-regulation drive

Government says regulator’s merger with Financial Conduct Authority will reduce complexity and boost innovation
Financial Times - 1d
Canada's next prime minister managed the financial crisis, then Brexit and now Trump's trade war

Canada’s next prime minister has helped run two Group of Seven economies in crisis before and now will try to steer Canada through a looming trade war brought by U.S. President Donald Trump, a ...
ABC News - 2d
UK watchdogs scrap diversity and inclusion rules for financial firms

Decision by FCA and PRA comes as government’s growth push forces regulators to rethink policies
Financial Times - 10h
FCA drops plan to ‘name and shame’ more UK companies under investigation

Financial regulator says it will scrap new public interest test after backlash from the City and government officials
Financial Times - 1d
Watch: Key moments in Mark Carney's road to becoming prime minister

Mark Carney has won the race to succeed Justin Trudeau as Canada's prime minister and Liberal Party leader.
BBC News - 2d
Who is Mark Carney, Canada's next prime minister?

Canada's Liberal Party has chosen former central bank leader Mark Carney to succeed Justin Trudeau as the country's next prime minister. The 59-year-old economist won with nearly 86% support in a ...
CBS News - 2d
Why the UK Has Not Retaliated Against Trump’s Tariffs

Prime Minister Keir Starmer wants to stay close to the United States, even as the uncertainty unleashed by President Trump offers a chance to build ties with the European Union.
The New York Times - 14h
Mark Carney, ex-central banker, to become Canada's next prime minister

Former central banker Mark Carney will become Canada’s next prime minister after the governing Liberal Party elected him its leader Sunday as the country deals with U.S.
NBC News - 3d