"We welcome this Bill which could represent a major step forward in the drive to reduce the burden of regulation on British businesses. Complicated and costly regulation is one of the main barriers to business growth, especially for smaller companies. The new measures in this Bill are long overdue.
“This legislation must equip Parliament with the power to scrap costly and burdensome regulation so that businesses can be free to grow and succeed. “This Bill needs to make a real difference to employers in the day to day operation of their business. Our figures show the cost of complying with regulation is still rapidly rising, with an extra £38.9bn of regulatory costs added on business since 1998.
“It must be part of a cultural change across Whitehall so that future regulations do not impose unnecessary burdens. This must be the year of delivery. Employers are waiting for a net reduction in the costs of complying with regulation, a simplified inspections system and a reduction in the number of forms to be completed.”