Rachel Reeves: We'll rip out ‘insane' environment rules that block growth
Rachel Reeves has said the government will 'rip out … absolutely insane' environmental regulations that are preventing wind farms and homes from being built across the UK.
The chancellor told a panel hosted by the International Monetary Fund in Washington that green rules were 'well-meaning regulations that come in for the right reason … that end up stopping good things from happening'.
'We have gone too far in regulating for risk and we've forgotten about regulating for growth and we need to turn the pendulum back,' she said. 'Regulation in the UK holds us back and we are ripping that out.'
• Rachel Reeves must get it just right in 'Goldilocks' pitch to IMF
Reeves said ministers have had to veto investment 'because of sea
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Crypto Insight
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IMF raises concern over Pakistan's Bitcoin mining power plan: report
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Crypto Insight
18-05-2025
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UK to require crypto firms to report every customer transaction
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Crypto Insight
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