Written Question·Treasury·UIN 84454

Business: Regulation

Tabled: 22 October 2025
Answered: 31 October 2025

Question

Mr Andrew Snowden

Conservative — Fylde

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

James Murray
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...
ⓘ

This is an extract from the Parliament API. Search the full answer on Parliament.uk (UIN 84454) →