Business: Regulation
Commons · Question 84454 · Tabled 22 Oct 2025 · Treasury · Official record
Answered 31 Oct 2025
Question
Asked by Andrew Snowden
To ask the Chancellor of the Exchequer, with reference to her speech at the Regional Investment Summit on 21 October 2025, what metrics her Department used to calculate the forecast annual £6 billion in savings for businesses arising from regulatory chang
Answer
Answered by James Murray, 31 Oct 2025
A baseline for the administrative burden of regulation on businesses has been established at £22.4bn a year. Further to the Prime Minister’s commitment to cutting the administrative costs of regulation by 25% by the end of the Parliament, the Government’s...