Oral QuestionDepartment for Exiting the European Union

“What steps he is taking to ensure the Government engages with the international business community during negotiations for the UK to leave the EU.”

Tabled: 23 January 2018Answered: 1 February 2018

Answering Minister

the Secretary of State for Exiting the European Union

Answer from Hansard

The Economic Secretary to the Treasury (Emma Reynolds)

We have heard from UK businesses that our regulatory system often holds back growth and investment. We recently published a regulation action plan, and committed to cutting the administrative costs of regulation for businesses by 25% by the end of this Parliament. We are going further, faster than ever before to streamline regulation and make Britain the best place in the world to do business.