How does America ‘regulate for growth’? Opinion Government is not always best placed to get the balance right between protecting the public and reducing burdens on businesses. The US offers a tried-and-tested alternative, says Joshua Flax The news that the Prime Minister and Chancellor recently wrote to regulators asking them to remove obstacles to economic growth raises the question about what “regulating [...]
Tory peer’s plan for English football ‘opens door to Kim Jong Un and Assad’ Sport Business Dictators such as Kim Jong Un or Bashar al-Assad could be encouraged to buy English football clubs if “preposterous” proposals from Tory peers are passed, campaigners have warned. Lord Moynihan, a former sports minister under Margaret Thatcher’s premiership, has argued that anyone with diplomatic immunity should be exempt from the owners’ and directors’ test that [...]
The rise of the regulators Opinion Regulators have expanded massively over the last 50 years, in terms of headcount, expenditure and scope. This has created a risk aversion ratchet which is hampering growth and damaging democracy – there is another way, says James Vitali Over the past fifty years, a silent revolution has taken place in the British constitution. While central [...]
West Ham chief snubbed over ‘alarming’ football regulator letter demand November 28, 2024 The Government has rejected calls from West Ham chief Karren Brady to publish a letter from Uefa which warns that domestic clubs and the England team could be banned from the Champions League and Euros over interference from the incoming football regulator. Speaking in the House of Lords, Conservative peer Baroness Brady described the correspondence [...]
FCA ‘strengthens’ internal whistleblowing policy after backlash November 27, 2024 The Financial Conduct Authority (FCA) has said it will look to strengthen its internal whistleblowing policy after intense criticism over its handling of complaints from former staff. The City regulator said today it will clearly lay out how its chair and other non-executives can internally share information about whistleblowers in order to protect their confidentiality [...]
Fans being left in dark over football regulator’s powers, peers warn November 25, 2024 A House of Lords committee has criticised the Football Governance Bill for failing to define which leagues the incoming football regulator will have power over. The bill, which had its second reading in the Lords this month, says only that the watchdog will be tasked with overseeing “English football”, meaning that ministers will have to [...]
Football regulator delay fears after Lords ask for 158 changes to bill November 20, 2024 The prevaricating is also likely to mean hard-up clubs below the Premier League enduring a longer wait for an increase in financial distributions from the top flight.
Rachel Reeves needs to get real with the fact that we have become too cautious November 13, 2024 Before the election, Rachel Reeves said she would “unashamedly champion” financial services “as one of the UK’s greatest assets”. This was music to the ears of our sector and the early signs in government have been positive. The question now is: what will this mean in practice? What is the Chancellor’s vision for financial services [...]
Bitcoin surges as Trump-fuelled rally continues November 11, 2024 The controversial cryptocurrency hit a record high of $82,313 earlier this morning.
Back to the 80s: Why we need to start celebrating business October 28, 2024 When Bernard Fairman founded Foresight Group, Britain had a favourable tax and regulatory environment and a culture that encouraged entrepreneurialism – and the economy boomed as a result Growing the economy is the “first mission” of the new government, with much of what Sir Keir Starmer wants to do over the next decade being reliant [...]