Liz Truss would review 'roles of all three of Britain's financial watchdogs'            

Ms Truss is expected to examine the role of the Financial Conduct Authority, the Bank of England's Prudential Regulation Authority, and the Payment Systems Regulator

Liz Truss has pledged to cut taxes to mitigate the impact of surging prices on British households.

Liz Truss, the front-runner to become Britain's next prime minister, wants to examine the roles of the country's three financial regulators as part of a review, a source close to her leadership campaign has said. 

Provided she wins the contest, Ms Truss is expected to examine the role of the Financial Conduct Authority (FCA), the Bank of England's Prudential Regulation Authority (PRA), and the Payment Systems Regulator (PSR).