24 January 2025

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A state of anger erupted due to Rachel Reeves's demand that the organizers make more effort to support the economy. Consumer groups fear the loss of protection means; Anti -monopoly lawyers talk about monopolies; Enlightening government departments to avoid discounts in the bodies they sponsor. At the same time, others took the opportunity to take out the dark warnings about the light regulatory rules that fueled the 2008 collapse fire.

The consultant is right. The light organization does not represent the current Britain problem. In fact, the organization was one of the few growing industries that could be constantly reliable. There is no root tension between the economy and the smart organization that prevents monopolies, maintains the ability of the markets to compete, and encourages the formation of capital. But in many cases, we have something different: constantly changing rules that companies are fighting to keep pace with; The complexity leads to the emergence of rows of pressure groups; And the crawl of the inherent task.

At the present time, hundreds of sites with licenses to build empty housing are still because the New Building Safety Authority is struggling to address them, eight years after the tragic Greenville Tower fire. It appears that the Financial Conduct Authority, which failed to discover the Woodford scandal despite the warnings of former Financial District Minister Paul Mainers, obsessed with imposing the rules of diversity on companies, in a flimsy attempt to prevent “collective thinking”. Whatever your opinion of the decision made by the Microsoft Capital Authority to acquire a game company, the many months you spent were not impressive.

There is a great room for improvement. But while replacing the chairman (formerly Boston Consulting Group) with another (previously in Amazon, and Mixsei previously) may bring a different culture to CMA, it is not a permanent solution. While some of these bodies are clearly failing, most of them are no less than the quality of the powers granted to them by the politicians who created them. The reason for the high prices of electricity in the United Kingdom in Europe, which paralyzes manufacturers, is that the ministers have long used energy organizations to enhance their environmental goals.

“The balance has exceeded the limit with the risk regulation.” This is partly due to the fact that White Hall itself avoids risk. The officials, who are keen to get rid of the risks, tend to push a very large number of people to the sprawling scene of Westminster, which includes long bodies. On the other hand, the sponsoring departments are often reluctant to look closely at how they work: which makes the structure of monitoring, five -year reviews, and impact assessments are just nonsense. But the ministers also avoid risk; It is especially displayed to “something to be done” -Ery. The classic example was in 2000, when the response to the horrific phone accident accident was the introduction of the safety regulations that caused chaos and was so expensive that it was actually appreciating the life of the train passenger more than a hundred times more than the life of the car passenger. .

In 2015, when I was working in Downing Street, I was surprised when I discovered that the White Her -dealing section had not even had a list of the regulations he was responsible for. I asked one of the senior advisers about what happened to the “Kwanjos flame” launched by George Osborne five years ago. Initially, he was upset with my doubts, and eventually admitted that although some progress was made, the regime declined, and the result was a small spark more than a burning fire. In 2021, the General Accounts Committee found that the spending of these bodies has since doubled three times; Meg Hiller, the PAC's head of the PAC, challenged the government to explain the reason for its construction in the first place.

Britain is really good in smart organization. The construction of organizational experimental environments shows, and the acceleration of the Kofid-19 vaccine, that we are still able to achieve this. But the government must also ask itself some difficult questions about the purpose of the state, and why we need bodies with confusing levels of overlap. Do we really need OffGem and the national energy system operator? Environmental Agency and England Natural? When the Great British Railways Company is launched, what is the goal of creating a railway office and roads?

Sir Dieter Hilm, professor of economic policy at Oxford University, says that energy and water regulation has become very complicated. It was suggested that it be organized as networks, through one organizational authority. This would be a much more effective approach. Unless we can flexibility of our regulatory systems to achieve its goals better, how will Britain be smart enough to deal with progress in artificial intelligence, or artificial drugs?

It is not necessary to be a rough liberal to feel that Refiz is going on the right path. The problem is, of course, the dissonance between what the Minister of Finance and the Minister of Business says, and what the government is actually doing. It creates a large number of new arm bodies. It is about to unleash an unprecedented set of new recruitment regulations, many of which will not be applied. Only one paragraph in this package will make each bar is subject to prosecution by both its employees and customers – because the demand of employers to protect their employees from harassment will directly contradict the right of customers to freedom of expression.

There is still time to correct this. But politicians who want organizational bodies to reduce intervention must be in their instincts to intervene. This does not come easily.

Camilla.cavindish@ft.com

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