Better Regulation
Where regulation supports growth, it can be hugely important for business. But unnecessary red tape can stifle growth, so reducing it is critical to making the UK the best place to start and grow a business.
The Coalition's strategy is to:
- remove or simplify existing regulations that unnecessarily impede growth
- reduce the overall volume of new regulation by introducing regulation only as a last resort
- improve the quality of any remaining new regulation
- move to less onerous and less bureaucratic enforcement regimes where inspections are targeted and risk-based
In April 2010, the Prime Minister said: "I want us to be the first government in modern history to leave office having reduced the overall burden of regulation, rather than increasing it."
In Reducing Regulation Made Simple (PDF, 292 Kb) we set out how we are implementing the Coalition Agreement commitments.