Regulatory Innovation Office: Operating Costs
The question
To ask the Secretary of State for Science, Innovation and Technology, what estimate he has made of the annual running costs of the Regulatory Innovation Office.
Answered by Feryal Clark
The Regulatory Innovation Office (RIO) is the Government’s key tool for advancing regulatory innovation. The RIO draws on from core existing functions like the Regulatory Horizons Council (RHC) and the Regulators’ Pioneers Fund (RPF). The Government will continue to evaluate timelines, costs, legal considerations, and objectives to ensure the RIO aligns with our transformative goals and delivers effective regulatory solutions.
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