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To ask the Secretary of State for Business, Innovation and Skills what steps he is taking to remove regulatory burdens from businesses.
The Government have set out a clear aim—to leave office having reduced the overall burden of regulation.
We have already taken a number of important steps towards this goal. For example, the Statement of New Regulation, published in April, showed that from an initial 157 proposed new domestic regulations, robust implementation of the one-in, one-out rule meant that the total number of regulations being implemented was reduced by 70% (from 157 to 46), of these only 11 imposed a net cost on business (£65 million) which was outweighed by a considerable reduction in burdens elsewhere (£3.3 billion).
We have also ended ‘gold-plating’ of EU directives, introduced sunset clauses for new regulation and announced an unprecedented three-year regulatory moratorium from new domestic regulation for micro-businesses and new start-ups.
The ‘One-in, One-out: Statement of New Regulation’ is available here: