Question to the HM Treasury:

To ask the Chancellor of the Exchequer, with reference to section five of the policy paper entitled New approach to ensure regulators and regulation support growth, updated on 31 March 2025, whether she made an assessment of the potential merits of seeking regulator pledges from the Advertising Standards Authority.

As published in March, New approach to ensure regulators and regulation support growth set out reforms across the regulatory landscape. These focused on tackling complexity and the burden of regulation, reducing uncertainty, and shifting excessive risk aversion in the regulatory system. Many of these reforms pertain to all UK regulators.

This action plan also included specific, pro-growth commitments from a range of key regulators which operate across the economy and also support sectors in the Industrial Strategy. We will continue to work with all regulators to promote investment, accelerate innovation, and deliver better outcomes.