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Regulators (Growth Objective) 2025-03-25
25 March 2025
Lead MP
Luke Murphy
Debate Type
General Debate
Tags
EconomyTaxationEmploymentClimate
Other Contributors: 1
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.
How the Debate Unfolded
MPs spoke in turn to share their views and ask questions. Here's what each person said:
Lead Contributor
Opened the debate
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.
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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