Commenting on the Smarter Regulation Programme's new measures and White Paper announced by the Business Secretary, Miles Celic, Chief Executive Officer, TheCityUK said:
“An efficient, proportionate and agile regulatory environment is vital to driving economic growth and making the UK an attractive place for businesses to invest. Reforms under the government’s ‘smarter regulation’ programme, including greater scrutiny when introducing regulation, are therefore very welcome. A dynamic regulatory approach helps create jobs and growth. An uncompetitive one chokes off investment. We look forward to working with government and regulators to deliver progress in this area and ensure the UK continues to be an attractive place to do business.”