UK Treasury bars ministers from using emergency reserve to fund public-sector pay rises

The UK competition regulator is experiencing a wave of board departures, occurring less than a year after the chair was removed by ministers as part of their strategy to stimulate economic growth. This situation raises concerns about the stability and effectiveness of the regulator at a time when its role is crucial for maintaining market competition and protecting consumers. The ongoing changes in leadership may impact the regulator's ability to function effectively and fulfill its mandate.