In the City: CMA's Doug Gurr on the Balance Between Risk and Regulation

Leaders with Francine Lacqua

Bloomberg

Management, Business, Careers, Entrepreneurship

4.6 • 64 Ratings

🗓️ 10 July 2025

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Earlier this year, the UK government directed its antitrust watchdog, the Competition and Markets Authority, to be "less risk averse" and to align more closely with its pro-growth agenda. We invited the CMA's interim chair Doug Gurr to update us on that mission and to explain what the group is doing to support the government's pledge to make it easier for businesses and the economy to grow.

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1:03.7	Podcasts, Radio News. Welcome to In The City. Each week we unpack a story that's crucial to the world's financial
1:20.8	capitals. I'm from Stinglacqua. And I'm Allegra Stratton. Now, Alecara, we've just passed the one-year
1:25.8	anniversary of Labor's massive election win.
1:28.7	And remember, at the time, pre-election, Labor were talking growth.
1:32.5	And actually, there was a lot of hope on what the UK could become.
1:35.6	Right. And the then-Shadow Chancellor, Rachel Reeves, was having lots and lots of breakfast meetings with top figures in the city called the smoked salmon and scrambled eggs circuit.
1:45.2	And she was giving speeches on how, if elected, the Labor government would, among other things,
1:49.2	loosen regulations to make it easier for businesses to grow and for mergers to happen.
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