Legislative and Regulatory Reform Bill

It would be superb news for Great Britain plc. However, given that the Minister said that, one has to wonder why the Government have not taken the matter seriously up to now. The Hampton review found that there are some 63 national regulators, which perform at least 600,000 inspections and send 2.5 million forms to businesses each year. We over-regulate when we do not understand or trust business. The Conservative party believes that businesses and markets have responsibilities to staff, customers and to wider society. However, we also believe that we must trust business and business people enough to allow them to flourish and provide the growth and prosperity that our society depends on to protect and enhance our way of life.