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Orders of the Day — Utilities Bill

Part of the debate – in the House of Commons at 5:46 pm on 31st January 2000.

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Photo of John Bercow John Bercow Shadow Minister (Education) 5:46 pm, 31st January 2000

In the light of what he has said, is my hon. Friend not concerned that the Bill will dramatically increase the 2,800 regulations that have spewed forth from the Government's machinery since 1 May 1997? As a business man, in contrast to Labour Members, is he not concerned that, by increasing the regulatory risk to which the utilities are exposed, it will be substantially more expensive for them to have access to capital?