questionText: To ask the Secretary of State for Business and Trade, if he will make an estimate of the total annual cost of regulation to UK businesses.
answerText: In 2023, the previous government repealed the Business Impact Target (BIT) through the Retained EU Law (Revocation and Reform) Act. The BIT was the principal mechanism through which government made an estimate of the total annual cost of regulation to UK ...
heading: Business: Regulation