Reducing Regulation Burden: Number of regulators to be reduced

The government’s recent Budget included a package of reforms to tackle the burden of regulation on business, while maintaining standards of protection for the public, consumers and employees. This included accepting the recommendations of the Review by the chairman of J Sainsbury, Philip Hampton.

This will involve adopting a risk-based approach to inspection and enforcement and streamlining regulatory structures to reduce costs to businesses of administering regulation. The government estimates it will take two to three years to implement Hampton’s recommendations fully, and Hampton has agreed to oversee its progress.

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