27 May 2025

Pro-Growth Regulation Report Launch: Event Round-up

On the 21 May, techUK’s Digital Regulation Team launched its Pro-Growth Regulation Report


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Last Wednesday, 21 May, techUK hosted the launch event for our latest report, ‘Evolving Digital Regulation for Growth and Innovation’. The report sets out techUK’s ten recommendations to help support a UK regulatory framework that enables innovation, investment, and long-term economic growth. The launch event brought together regulators, industry, and policymakers to discuss this topic.

We were fortunate to be joined by Kate Jones, CEO of the Digital Regulation Cooperation Forum (DRCF), alongside representatives of the ICO, Ofcom and the CMA, as well as several key industry representatives. Please read on for a summary of the highlights of the day’s events.

The discussion throughout the day focused on four key pillars identified in the report to improve the effectiveness of the UK’s regulatory regime:

  1. Adopting a shared growth mindset between industry and regulators.
  2. Supporting innovation and market dynamism.
  3. Improving information flows between regulators and industry.
  4. Unlocking opportunities in key sectors. 

techUK’s Director for Technology and Innovation, Sue Daley OBE, opened the session, identifying the clear opportunity to build on the UK’s historic strengths as a world-leading regulatory environment; one that supports both innovation and consumer protections, and aligns with the Government’s ambition to drive economic growth.

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This was followed by a keynote address from Kate Jones, CEO of the DRCF, who echoed the view that now is an important moment to shape future regulation. She emphasised the need for a clear and proportionate regulatory environment, to enable industry to maximise opportunities. In particular, businesses should feel confident about investing and innovating, whilst consumers should feel comfortable trying new technologies.

She stressed that enabling growth is a key area of focus for all four members of the DRCF:

  • Ofcom’s Annual Plan underlined its belief that good regulation supports investment and economic growth by creating stability and certainty for investors.
  • The Information Commissioner recently emphasised growth as a strategic priority for the ICO, outlining a set of commitments to encourage business to invest, innovate and grow through data.
  • The CMA’s Annual Plan affirmed its view that competition acts as an engine for productivity, innovation and growth.
  • The FCA’s Annual Plan confirmed that supporting growth was one of its strategic priorities, which it will deliver through a focus on technology and data, accelerating digital information to improve productivity.

In her speech, Kate Jones also confirmed that the DRCF are currently “establishing the evidence base for the most valuable next steps”, after the conclusion of the AI and Digital Hub pilot scheme. She confirmed that all the member regulators are clear that there should be a next phase, and techUK looks forward to seeing the development of this important programme of work.


Kate Jones’ full speech can be accessed via this link.

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Panel 1: Strengthening Regulator-Industry Relationships

The first panel discussion considered ways to strengthen the relationship between industry and regulators. Chaired by techUK’s Head of Digital Regulation, Samiah Anderson, we heard from:

  • Chloe MacEwen - Senior Director, Microsoft
  • James Key - Strategy and Policy Principal, Ofcom
  • Stephen Almond - Executive Director for Regulatory Risk, ICO
  • Stuart Hudson - Partner & Co-Lead of Brunswick’s Global Regulatory Practice, Brunswick Group

The panellists emphasised the importance of good regulation as an enabler of innovation, investment, and growth, by providing clarity, predictability, and stability. They noted that this has long been a priority for regulators, with James pointing to Ofcom’s trade guidance for producers as one of the organisations earliest pieces of work.

A key topic raised was the tension between investment and competition, which regulators are tasked to navigate. There can be an inherent tension between what benefits certain investors, such as high barriers to entry and what benefits the wider economy, namely greater competition and innovation. Regulators are therefore tasked with navigating this tension, to ensure that the economy grows inclusively and the market is conducive to long-term innovation.  

There was a great deal of alignment on the fundamental qualities valued in the relationship between industry and regulators, in particular the importance of transparency and predictability, which enable businesses to innovate with confidence and a general awareness of likely forthcoming regulatory interventions. Ofcom’s James Key also added the importance of candour, with industry and regulators feeling comfortable sharing plans and/or concerns with one another openly.

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Panel 2: Regulation to Foster Growth and Innovation

Our second panel focused on how regulation can foster growth and innovation. It was chaired by techUK’s Senior Policy Manager for Data and AI, Audre Verseckaite, who was joined by:

  • Julie Dawson - Chief Policy & Regulatory Officer, Yoti
  • Naomi Weir - Director, Innovation, CBI
  • Verity Egerton-Doyle - Antitrust & Foreign Investment Partner, UK Co-Head of Technology Sector & Co-Head of Games and Interactive Entertainment, Linklaters
  • Will Hayter - Executive Director for Digital Markets, CMA

This discussion delved into balancing risk with innovation, recognising that whilst risk is intrinsic to innovation, there needs to be a distinction between systemic risks, which require intervention, and the uncertainty that naturally arises from experimentation. The panellists also noted that pro-innovation regulation entails creating safe spaces to test new ideas, such as sandboxes or controlled trials, as opposed to trying to eliminate risk altogether.

Yoti’s Julie Dawson drew attention to the need for clear KPIs and agreed outcomes for sandbox programmes. She noted that otherwise participants can be left unclear about the likelihood of regulatory approval after the test period.

The panellists looked ahead, welcoming the forthcoming work of the Regulatory Innovation Office (RIO), noting that whilst its role is still evolving, the early signals are positive, with particular praise for the appointment of Lord Willetts as its Chair. Panellists saw potential for RIO to act as a coordinating force, not only between regulators and industry, but also across Government Departments; further enhancing consistency and cooperation.

In the discussion of how to ensure SMEs are engaged in the regulatory policymaking process, panellists highlighted the valuable role of trade bodies and informal support networks in helping innovators to navigate complex regulatory frameworks and to interpret consultations and regulatory documents, which they noted can, at times, be lengthy.

The event prompted many interesting discussions on how industry and regulators can continue to work together to support a regulatory framework that supports growth and innovation. As the UK’s leading technology trade association, representing over 1,100 businesses, the majority of whom are SMEs, techUK is well positioned to continue to facilitate open and constructive conversations on this work. This report forms part of techUK’s wider programme of work to support better and more coordinated digital regulation.

 

If you have any further questions, please do get in contact with the team:


Samiah Anderson

Samiah Anderson

Head of Digital Regulation, techUK

Audre Verseckaite

Audre Verseckaite

Senior Policy Manager, Data & AI, techUK

Daniella Bennett Remington

Daniella Bennett Remington

Policy Manager - Digital Regulation, techUK

Oliver Alderson

Oliver Alderson

Junior Policy Manager, techUK


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Meet the team 

Antony Walker

Antony Walker

Deputy CEO, techUK

Alice Campbell

Alice Campbell

Head of Public Affairs, techUK

Edward Emerson

Edward Emerson

Head of Digital Economy, techUK

Samiah Anderson

Samiah Anderson

Head of Digital Regulation, techUK

Audre Verseckaite

Audre Verseckaite

Senior Policy Manager, Data & AI, techUK

Mia Haffety

Mia Haffety

Policy Manager - Digital Economy, techUK

Archie Breare

Archie Breare

Policy Manager - Skills & Digital Economy, techUK

Daniella Bennett Remington

Daniella Bennett Remington

Policy Manager - Digital Regulation, techUK

Oliver Alderson

Oliver Alderson

Junior Policy Manager, techUK

Tess Newton

Team Assistant, Policy and Public Affairs, techUK