Regulatory Burdens

Part of Oral Answers to Questions — Trade and Industry – in the House of Commons at 12:00 am on 11th March 1992.

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Photo of John Redwood John Redwood , Wokingham 12:00 am, 11th March 1992

I have received a number of representations from business men about the need to cut regulatory burdens. What a first-class job my right hon. Friend the Chancellor did by cutting a large number of them in his Budget yesterday. The business men came, we heard, the Chancellor listened, and he has incorporated in his proposals a large number of deregulatory measures, which will ease cash flow and make it easier to deal with the VAT man and the Inland Revenue. How much I welcome that. I hope that Opposition Members will support it in the Division Lobby when the time comes.