The RIO aims to support regulators to update regulation, speeding up approvals, and ensuring different regulatory bodies work together smoothly.
By speeding up approvals, providing regulatory certainty, and reducing unnecessary delays, we're curbing the burden of red tape so businesses and our public services can innovate and grow.
A little more than two years ago, the previous Conservative government promised to carve a new data protection law that would unlock growth and save businesses around £1 billion.
We can't afford to stick with the status quo, to keep prioritizing process over results, and allowing unnecessary bureaucracy to stifle growth and innovation.
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