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

My hon. Friend is a great champion of the Scotch whisky industry, and many of my hon. Friends and Opposition Members support British business by drinking Scotch—and how wise they are. This Government will ensure that discriminatory taxes are not imposed on that industry by our friends in Europe, because it is a vital British interest. My hon. Friend is also right that business wants regulations kept in bounds, with decent regulations so that markets are fair and open, but it does not want the masses of red tape that the Opposition are always recommending day after day in the House.