Question to the Department for Business and Trade:

To ask His Majesty's Government, further to the Written Answer by Baroness Lloyd of Effra on 22 January (HL13638), what assessment they have made of their progress in cutting the administrative burden of regulation on business.

Government is making progress to reduce the administrative burden of regulation on businesses by 25% by the end of this Parliament.

As set out in the October Regulation Action Plan progress update, we have identified £1.5bn in gross administrative savings through measures like the Planning and Infrastructure Bill which is accelerating the delivery of 1.5m new homes and critical infrastructure, making annual savings of £272m; modernising corporate reporting requirements, making annual savings of £230m, and; providing access to data and speeding up work to operate and repair pipes and cables by establishing the National Underground Asset Register, saving £185m annually.