Better competitiveness in finance won't mean deregulation, says UK minister

LONDON, Sept 7 (Reuters) - Steps being taken to improve the competitiveness of Britain's financial sector will not translate into deregulation or radical changes, financial services minister John Glen said on Tuesday.

"It won't be about deregulation and looking to a race to the bottom as perhaps some anticipated," Glen told a TheCityUK event.

(Reporting by Huw Jones; Editing by Jon Boyle)