Commons Sense

House of Commons · General Debate

Regulators (Growth Objective) 2025-03-25

25 March 2025 · 1 other contributor

Opened by Luke Murphy Lab Basingstoke

EconomyEmployment

Summarised by AI from the official record, so it can contain mistakes.

Read the full transcript on Parliament.uk

At a glance

Luke Murphy raised concerns about regulators (growth objective) 2025-03-25 in the House of Commons. Other MPs contributed to the debate.

Key points

  • The UK regulatory system is inefficient and complex, hindering economic growth.
  • The Government seeks to promote smarter regulation that supports economic growth.
  • Regulatory review and process streamlining are aimed at aligning with national priorities.

How the debate unfolded

MPs spoke in turn to share their views and ask questions. Here's what each person said.

Opened the debate

Luke Murphy Lab Basingstoke

The regulatory system in the UK is inefficient, disconnected from economic growth, and overly complex. It stifles investment, innovation, and job creation due to overlapping mandates and lack of coordination among regulators. The Government aims to change this by promoting smarter regulation that supports economic growth while maintaining safety, fairness, environmental protection, and public trust. This includes reviewing the regulatory landscape, streamlining processes, and ensuring alignment with national priorities.

Other contributors (1)
  • Luke Murphy Lab Basingstoke

    The current regulatory system is fragmented, inefficient, and costly for businesses, particularly small ones. The Bill aims to simplify this by setting economic growth as a statutory objective for regulators, ensuring they work together rather than in silos. This aligns with the Government's broader goal of fostering an agile, investment-friendly environment.

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