Business: Regulation
The question
To ask the Secretary of State for Business and Trade, what steps he is taking to improve the regulatory environment for businesses in Reading West and Mid Berkshire constituency.
Answered by Justin Madders
On 17 March 2025 this Government published the Action Plan for Regulation, outlining reforms to streamline regulation and support growth. As part of this we are cutting regulatory administrative costs to business by 25%, strengthening accountability for regulators and simplifying their duties to ensure the regulatory environment is focusing on growth, investment, and transparency. This will include finding ways to reduce costs for the manufacturing sector, which I know is important to businesses such as New Holland who have been making tractors in my honourable friend for Reading West and Mid Berkshire's constituency for over 60 years.
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