Source · Select Committees · Public Accounts Committee
Recommendation 7
7
We asked HM Treasury for examples where increased risk appetite could deliver growth but did...
Conclusion
We asked HM Treasury for examples where increased risk appetite could deliver growth but did not get a satisfactory answer.11 HM Treasury told us that macroeconomic stability is important for the Chancellor’s growth goals, which is self-evident, but did not link this back to regulation. It also explained that government and regulators were working to simplify and streamline reporting requirements for businesses, and are introducing a lead regulator model in some sectors.12