Rachel Reeves: "Show me the Bodies"
The Chancellor appears to be sliding into a dangerous regulatory trap exemplified by pre-Grenfell ministers and officials wrongly assuming than the absence of catastrophe meant that the risk could be ignored. One official (reportedly) demanded that those concerned about over-lax fire regulation should "show me the bodies".
Here is Private Eye’s report of Ms Reeves’ comments:
But maybe she will listen to this sensible guy, reported in the Financial Times?
You can read more about this and other regulatory risks in An Introduction to Regulation here. Treasury officials: please note!
Martin Stanley