Is the Government encouraging excessive risk aversion?

The House of Lords Select Committee on Economic Affairs has published a report into the risk management policies and activities of the UK Government.

The report examines the Government's general approach to risk management and concludes that while a useful framework for the assessment of risk has been developed, there are problems with the way it is applied.

The report ‘Government Policy on the Management of Risk’ says that the Select Committee was unable to find any signifi... (406 more words)

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