In her second Mansion House address as Chancellor, the message from Rachel Reeves was clear: financial services sit at the heart of the UK’s strategy for national renewal - and unlocking regulation is central to making that vision a reality.
From modernising pensions to slashing red tape for innovative firms, the Chancellor’s speech laid out a sweeping plan to reform how the UK regulates its financial sector. For anyone with a stake in how regulation shapes growth, the signals from Mansion House are impossible to ignore.
TSO helps regulators and standard setters modernise how they create, manage and deliver regulation - in a way that works for the businesses and people they serve. The Chancellor’s address, coupled with our Unlocking Regulation white paper (link) sets the stage for a critical conversation: how do we ensure that regulation continues to protect people while unleashing innovation and investment?
A Shift in Tone - and Tools
The Mansion House speech sets out a marked shift. It moves regulation from a perceived blocker to an enabler of growth. Whether it’s overhauling the Financial Ombudsman Service, streamlining capital requirements, or updating ISA rules to encourage investment in UK assets, the goal is the same: make it easier to do the right thing, faster.
But doing that requires more than rewriting the rulebook. It demands regulation that’s built for users, written clearly, structured and delivered in formats that support understanding and compliance.
Our Unlocking Regulation paper explores exactly that:
-How digital-first regulation can reduce friction and improve accessibility
-How structured content and open standards help regulators respond faster to economic and technological change
-How investing in the user experience of regulation boosts uptake, trust and ultimately, growth
These are not abstract goals. They reflect the direction set by government - and the expectations now being placed on regulators.
What It Means for Regulators and Standard Setters
The Chancellor spoke of rolling back regulation that’s gone “too far in seeking to eliminate risk,” of building megafunds through pension reform, and of opening the door to more banks and retail investment. Each of these requires regulators to act - to deliver with pace, precision, and the public in mind.
TSO helps regulators unlock the value of their information - transforming static documents into structured, accessible content that drives real-world outcomes. We work with organisations to:
-Design content models that support searchability, consistency, and reuse
-Build tools that guide users clearly through regulations, standards, and guidance
-Turn complex requirements into clear, actionable information for the people who need it
This is the work that unlocks regulation - and unlocks outcomes.
Regulation as Infrastructure
Just as the Chancellor views financial services as “critical national infrastructure” for prosperity, we believe the same applies to regulation. Done well, it underpins confidence, enables innovation, and builds the stable environment on which investment depends.
The Mansion House speech - alongside recent trade deals, reforms and new investment strategies - shows a government leaning into reform, with high expectations of regulators.
Through our experience across sectors - from financial services to transport, health and the built environment - we help public bodies shape regulation that works harder, reaches further, and delivers more.
Now is the time to modernise how regulation is designed and delivered - not just to keep up, but to lead.
If you’re a regulator or standard setter looking to understand how to de[LH1] liver regulation that drives real-world outcomes, we’d love to talk email us at TSOBD@tso.co.uk to find out more.
Let’s unlock regulation - and unlock growth.
