Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, with reference to section 2 of her Department's policy paper entitled New approach to ensure regulators and regulation support growth, updated on 31 March 2025, what the estimated saving is from merging the Office of the Regulator of Community Interest Companies and Companies House.

The Office of the Regulator of Community Interest Companies (“CICs”) (“the Regulator”) plays a crucial role in maintaining the CIC model as an effective form of social enterprise. By exploiting the considerable overlap between the Regulator and Companies House, and the close working relationship that already exists between the two, the Government intends to fully integrate the Regulator’s functions into Companies House as part of wider plans to streamline the UK’s regulatory environment. Both organisations are funded by fees, and there are no expected direct savings.