Is Rachel Reeves putting economic growth ahead of UK consumers?

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Financial Times 18h ago

Is Rachel Reeves putting economic growth ahead of UK consumers? - Financial Times

Quick Summary:

Reeves has also pushed for a review of the Financial Ombudsman Service to prevent more mass consumer compensation events, such as the £50bn paid out by banks over the payment protection insurance scandal.

Is Rachel Reeves putting economic growth ahead of UK consumers?

Consumer groups have expressed alarm.“The combination of anti-regulation rhetoric — and now the firing of the CMA chair — signals to consumers that the government stands ready to peel back the protections that were built for them,” said James Daley, head of the Fairer Finance research group.