Question to the Department for Business and Trade:

To ask His Majesty's Government, with regard to their policy paper Backing your business: Our plan for small and medium sized business (CP 1358), by what date the administrative costs of regulation for business will be cut by 25 per cent.

We have committed to reduce bureaucracy for businesses by cutting the administrative costs of regulation for businesses by 25% by the end of this Parliament. We are working with taking a whole of government approach toward achieving this by asking all government departments to work with us to meet this ambitious target.