Topical Questions

Part of Oral Answers to Questions — Business, Innovation and Skills – in the House of Commons at 11:30 am on 30th June 2015.

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Photo of Sajid Javid Sajid Javid The Secretary of State for Business, Innovation and Skills 11:30 am, 30th June 2015

I fully agree with my hon. Friend. We will continue to work very hard to cut regulations, building on the very successful red tape challenge in the previous Parliament and the policy of one in, two out. Cutting regulation for businesses is like a tax cut for those businesses. The only difference is that it does not cost the Exchequer anything, so we should cut as much regulation as possible.