Zurich Represented at Lords Committee on Innovation in The UK

The thorny issue of how innovation and corporate investment, new jobs, more NIC taxes etc. can be achieved in a high tax, high regulation, high wage, fiscal drag UK economy is something of a chess problem. The House of Lords are getting opinion from across various sectors, with a speaker from Zurich schedulked for tomorrow morning;

Here’s the word;
The session will begin at 10am on Tuesday 6 January 2026 and can be followed live or afterwards on Parliament TV or in person in Committee Room 3, Palace of Westminster.

The Committee will hear from: 

• Scott Steedman,
  Director-General, British Standards Institute;
• Georgina Fleet,
  Chief Compliance Officer, Zurich UK;
• Caroline Allen,
  Senior Vice President for Regulatory Affairs, Smith and Nephew.

Members are expected to ask questions on:

• relationships with regulators;
• burdens and benefits of regulation;
• how regulators can support innovation and growth;
• the Government’s role in encouraging regulators to accept more risk;
• the Government’s Action Plan and update, and the renewed focus on regulators’ growth duty;
• regulatory fast lanes and sandboxes;
• the administrative burden of regulation;
• assessing regulatory performance.