Regulatory Reform

Part of Business and Trade – in the House of Commons at on 14 September 2023.

Alert me about debates like this

Photo of Kevin Hollinrake Kevin Hollinrake Parliamentary Under Secretary of State (Department for Business and Trade)

My right hon. Friend the Member for Chipping Barnet is absolutely right to push us on this issue. We are working across Government to implement reforms. So far, we have delivered 10 of the 69 recommendations identified in the TIGRR report, in areas such as offshore wind and reforms to the Medicines and Healthcare products Regulatory Agency. Delivery of a further 49 is ongoing, in high-profile areas such as artificial intelligence reform, easing clinical trials, pensions, the ability to invest in venture capital, the General Data Protection Regulation and the seed enterprise investment scheme, all of which is saving businesses billions of pounds. My right hon. Friend the Secretary of State will shortly write to my right hon. Friend the Member for Chipping Barnet to confirm all those points.