BusinessPolicy

Chancellor Rachel Reeves Announces Major Business Deregulation Initiative Ahead of Budget

Chancellor Rachel Reeves is launching a comprehensive business deregulation initiative expected to save companies £6bn annually. The measures target “pointless admin” for small businesses and come alongside significant private sector investment announcements. The initiative precedes next month’s budget amid concerns about potential tax increases.

Major Business Buregulation Initiative

Chancellor Rachel Reeves is reportedly preparing to launch what sources describe as a comprehensive “blitz on business bureaucracy” ahead of next month’s crucial budget. According to reports, the measures are designed to generate approximately £6bn in savings for British companies by eliminating what the chancellor characterizes as “pointless admin” that burdens businesses.