The UK government is set to meet with regulators on Monday to discuss significant plans aimed at reducing bureaucratic obstacles for businesses by 25%. Chancellor Rachel Reeves aims to streamline environmental permitting and cut red tape that impacts housing and infrastructure development. The initiative includes the introduction of 60 regulatory measures agreed upon to foster economic growth. The move also follows recent government changes to scrap or slim down certain regulators, including the abolition of NHS England, as part of a broader effort to enhance investment opportunities and job creation.
Today we are taking further action to free businesses from the shackles of regulation. By cutting red tape and creating a more effective system, we will boost investment, create jobs and put more money into working people's pockets.
In a statement on Monday, the government said regulators must work for the people...not get in the way of progress.
Eight regulators including Natural England and the Environment Agency will meet the chancellor on Monday. This meeting is crucial for discussing streamlining the regulatory framework.
Changes expected to be announced include streamlining the environmental regulatory process for major projects, such as the Lower Thames Crossing and future Heathrow expansion.
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