questionText: To ask the Secretary of State for Business and Trade, what assessment he has made of the potential impact of the 25% administration reduction target set out in the Regulation Action Plan on the baseline annual compliance costs of small and medium-sized enterprises.
answerText: We have established a baseline of the annual administrative burden of regulation on UK businesses, including SMEs. As set out in the technical annex to the policy paper ‘A new approach to ensure regulators and regulation support growth’, we used a pragmat...
heading: Small Businesses: Regulation