L

Lord Livermore (Lab)

Speaking in the House of Lords on 20 May 2026

Debate

Supermarkets: Voluntary Price Caps

Contribution

I am sure that there is much in what the noble Lord says. On regulatory burdens, the Prime Minister has set a 25% target to bring the cumulative cost of regulation down. We have already announced £1.5 billion of gross annual administrative savings so far, and we expect to set out further savings in due course.

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