Speech by Kate Collyer, FCA chief economist, at Warwick Business School, Financial Regulation in Support of the UK’s Growth. Productivity in our sector has stalled over the past decade and UK economic growth has disappointed since the financial crisis.There are lots of ways to measure productivity. But if we look at the ten years since 2015, the annualised change in productivity was just 0.4%. And regulatory risk-taking affects how markets function and adapt to change, it affects competition and innovation and ultimately, economic growth and competitiveness.So risk is good and is a critical feature of financial markets. This post was originally published on this site.