McDonnell comments on regulatory report
John McDonnell MP, Labour’s Shadow Chancellor, commenting on an independent report on reforming the regulatory architecture in order to enhance democracy and business accountability, said:
“This important report lays bare the failures of the regulatory regime.
“It’s time the Government stepped up and delivered the changes needed to prevent yet more corporate scandals.
“Labour will be studying the contents and recommendations of this report carefully as we put together our reform policies for the next Labour government.”