Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential merits of the recommendation by the Innovation, Growth and Regulatory Reform Taskforce, in its report published in June 2021, to reimpose the one in, two out regulatory offset principle.

A joint consultation on “Reforming the Framework for Better Regulation” between the Department for Business, Energy and Industrial Strategy (BEIS) and the Cabinet Office was launched on 22 July 2021. The consultation examined relevant recommendations from the Taskforce on Innovation, Growth and Regulatory Reform report, including reimposing the one in, two out regulatory offset principle. The consultation received 188 responses from a range of stakeholders including business and trade and industry bodies. The Government response to the consultation will be published in due course.