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Small Business Regulation

Volume 571: debated on Thursday 5 December 2013

5. How many regulations affecting small businesses the Government have (a) introduced and (b) removed since May 2010. (901448)

The statement of new regulation, which we publish every six months, shows that since January 2011 we have introduced 57 regulatory measures, 135 deregulatory measures and 108 measures that have no net cost to business, many of which are deregulatory. That is saving British businesses nearly £1 billion a year. Small businesses, which account for 99% of all businesses, benefit in particular from the one in, one out rule—it is now the one in, two out rule—that drives this deregulation.

I congratulate the Minister on his efforts to secure an exemption for micro-businesses from specific EU regulations. That will help small businesses in Kettering and across the country. What further efforts does he intend to make to secure more exemptions from harsh EU rules?

The EU business taskforce, which I chair, identified 30 regulations that should be repealed. We continue to press the Commission to lighten the rules for small businesses and to exempt the very smallest businesses altogether.