In this month’s Regulation Podcast, Institute Chair Marcial Boo speaks with John Fingleton - Chair, Fingleton, and Chris Carr - Policy and Regulation Specialist, about the state of UK regulation and how it needs to evolve.
They argue that while UK regulation is often well‑designed, the system as a whole is overgrown, fragmented and risk‑averse. Without bold political and legislative reform, the UK risks continued barriers to growth, infrastructure delivery and effective decision‑making. Meaningful reform requires honest debate about risk, major changes to legislative practice and periodic zero‑based reviews of regulators and frameworks.
Regulators also have a role to play: strengthening their skills mix, bringing in more business experience, focusing processes on outcomes, speeding up decisions and working more collaboratively, while recognising that deeper change depends on political culture.
Keywords: UK regulation, regulatory reform, economic growth, regulatory governance
