Source · Select Committees · Business and Trade Committee
Recommendation 28
28
Not Addressed
Simplify the regulatory landscape for businesses to promote economic growth.
Conclusion
The regulatory landscape for businesses needs to be simplified. We welcome the Government’s commitments to regulate for growth, and attempts to offer clarity through the regulation action plan and regulatory innovation office. However, we agree with Lord Livermore that the Government should take this agenda further and we believe that the Government could and should do more. (Conclusion, Paragraph 122) 75
Government Response Summary
The government stated that the Regulatory Innovation Office (RIO) will continue its role without changes to its department or scope, and mentioned ongoing efforts to implement over 30 regulatory changes to cut administrative costs by 25% by the end of Parliament, without addressing the call to do more.
Government Response
Not Addressed
HM Government
Not Addressed
17.1. The Regulatory Innovation Office (RIO) will play an important role in ensuring that regulation keeps pace with innovation so it supports rather than restricts fast-growing industries such as biotechnology, AI, and autonomous vehicles. There are not current plans to change the Department or scope of the RIO. 17.2. In addition, across the sector plans that were published in June (Clean Energy Industries, Advanced Manufacturing, Professional Business Services, Digital & Technologies, Creative Industries), we are setting out more than 30 regulatory changes to drive growth in priority areas. These reforms will also contribute to our commitment to cut the administrative costs of regulation by 25% by the end of this Parliament.