questionText: To ask the Secretary of State for Business and Trade, with reference to the Cabinet Office Annual report and accounts 2024-2025, HC1372, 23 October 2025, with reference to the target to reduce the cost of regulation by 25% on page 7, what the Government’s
answerText: We have estimated the baseline of the administrative burden of regulation on businesses (as at start of April 2025) at £22.4bn a year in 2024 prices. Our target is to reduce this figure by 25%, or £5.6bn, by the end of Parliament. We have adopted a pragma...
heading: Cabinet Office: Public Expenditure