Written Question·Department for Business and Trade·UIN 23069
Regulation: Costs
Tabled: 9 January 2025
Answered: 16 January 2025
Question
Richard Tice
Reform UK — Boston and Skegness
To ask the Secretary of State for Business and Trade, if he will make an estimate of the annual cost of regulatory compliance for businesses in each of the last five years; and if she will make a comparative estimate of the cost of regulatory compliance (
Answer
Justin MaddersThe Business Impact Target, which was repealed by the previous government through the Retained EU Law (Revocation and Reform) Act, was the principal mechanism through which government made an estimate of the total annual cost of regulation to business. In...
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