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Cutting red tape will give private equity a free pass | Letters

  • The growth mantra of Keir Starmer and Rachel Reeves, including slashing regulation and red tape, is concerning.
  • Regulation is created to address serious problems, and cutting red tape may have unintended consequences.
  • The government's focus on attracting private equity investors raises concerns about their tactics, such as 'buy, strip, and flip.'
  • Previous transgressions by companies like DP World and governments like the UAE and Saudi Arabia are overlooked for financial gain.

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