The U.K. government says its Regulator Council agreed in October on terms of reference for a program to improve regulator performance and businesses’ experience of the system.
HM Treasury and the Department for Business, Innovation, Science and Trade published the letter on Oct. 29. It summarizes the council’s October 2026 meetings and comes from the chancellor and the secretary of state for business.
The government says the program will seek practical changes to how regulators perform and how businesses deal with the regulatory system.


