As the UK prepares for a new prime minister, a significant shift in the country's governance is on the horizon. The incoming leader has signaled a desire to reduce the government's reliance on the Treasury, a move that could fundamentally alter the way the nation's finances are managed. Critics have long accused the Treasury of wielding too much power, with some even labeling it as an "imperial" institution that stifles innovation and creativity in government. By seeking to decentralize power, the new prime minister hopes to restore confidence in the government and foster a more collaborative approach to policy-making.
Incoming prime minister wants to be less reliant on ‘imperial’ Treasury as he bids to restore confidence in government
