Chancellor Rachel Reeves called for financial regulators to embrace a more pragmatic, pro-growth approach to oversight, aiming to boost investment and engage more Britons in the stock market. At a dinner attended by 350 business leaders, she announced reforms aimed at reducing regulatory burdens. A new advertising campaign will encourage the 29 million UK adults holding low-interest savings to invest in shares. Additionally, Reeves proposed easing post-financial crisis rules and exploring flexible labeling for investment products to attract more novice investors, especially women.
Chancellor Rachel Reeves has called for regulators to adopt a pro-growth oversight strategy to unlock investment and increase stock market participation among Britons.
Easing regulatory burdens is essential to stimulate business investment, as excessive regulations have been labeled a 'boot on the neck of businesses' by Reeves.
A new advertising campaign, reminiscent of the 1980s 'Tell Sid' movement, aims to encourage the 29 million UK adults with savings in low-interest accounts to explore stock investments.
Reeves plans to introduce targeted support measures allowing firms to guide new investors without complete financial checks, enhancing accessibility to investment opportunities.
#investment-strategy #regulatory-reform #stock-market-participation #financial-education #uk-economy
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