questionText: To ask the Secretary of State for Business and Trade, pursuant to the Answer of 1 April 2025 to Question 40907 on Business: Regulation, what metric is used for the 25% reduction from 2005 to 2010; whether it was gross or net of EU regulation; and if he will provide a relevant hyperlink or source to that reduction.
answerText: The Administrative Burden Reduction Programme of 2005-10, which delivered a total reduction of 26.62% by May 2010, defined the administrative costs of regulation as “the annual recurring costs of administrative activities that businesses and the third sec...
heading: Business: Regulation