@Pixabay.
UK Chancellor Rachel Reeves has announced new reforms meant to cut red tape and spur more financial risk-taking by companies and consumers in the hopes of encouraging economic growth.
Reeves’s Labour party were elected last year with promises to revive the UK’s economy, which has teetered in and out of growth since the pandemic.
The announcements include fewer restrictions on risk that were introduced after the GFC, as well as major updates on captives to make the UK a centre for the specialty.
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