To ask the Secretary of State for Business and Trade, with reference to the Written Statement of 10 May 2023 on Regulatory Reform Update, HCWS764, what changes to EU-derived reporting requirements could save businesses £1 billion a year.

The Government published an impact assessment on reducing the administrative burden of record keeping requirements under the Working Time Regulations which can be found at the following link:

https://www.gov.uk/government/consultations/retained-eu-employment-law-reforms

The 10 May announcement is a down payment on the Government’s plans to reduce regulatory burdens for business, helping to unlock economic growth. It will be followed by further announcements setting out our ambitions for reform across the UK economy.