Product Regulation and Metrology Bill [Lords]

Esther McVey Excerpts

2nd reading
Tuesday 1st April 2025 Commons Chamber

[Esther McVey (Tatton) (Con)]

Does my hon. Friend agree that this is yet another hammer blow to British businesses? We have had the Labour Government introducing £25 billion of tax with the employers’ national insurance contribution, £5 billion of costs with workers’ rights and a never-ending increase in energy bills as they drive forward on their net zero fantasy. Now they will be able to change regulation more or less on a whim, whenever they feel like it, destroying certainty and confidence for British businesses.

[Andrew Griffith]

My right hon. Friend makes a serious and important point. I take the Secretary of State in good faith when he says that he desires for his Government to grow the economy—every Government should, and I believe that this Government should as well—but he must recognise that every single action he takes will take us further away from that goal by piling on the red tape and increasing the level of tax. The regulatory jeopardy in this Bill will do the same, by simply making it impossible to know what product regulations will look like. How can any business plan for the future when the powers offered up by the Bill introduce such a prospect of unpredictable regulatory change?