A group of industry regulators are to meet the chancellor on Monday to discuss how they can help speed up economic growth. Rachel Reeves is expected to use the meeting to outline more details about cutting the cost of regulation, including environmental measures, as well as scrapping some bodies in their entirety.Her actions come as the government seeks to reduce bureaucracy, and follows Prime Minister Sir Keir Starmer’s announcement last week that NHS England would be abolished.The Conservatives said Labour’s taxes and trade union red tape were harming growth and called on Reeves to set out a “real plan”.Eight regulators including Natural England and the Environment Agency will meet the chancellor on Monday.”Today we are taking further action to free businesses from the shackles of regulation,” Reeves said. “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.”The meeting follows the government abolishing NHS England, the world’s biggest quango – short for a quasi-autonomous non-governmental organisation – last week. In a statement on Monday, the government said “regulators must work for the people… not get in the way of progress”.Changes expected to be announced include streamlining the environmental regulatory process for major projects including Lower Thames Crossing (subject to planning approval) and future ones such as a Heathrow expansion.Environmental guidance, including hundreds of pages on bats, is expected to be reviewed, while environmental permits for some low-risk and temporary projects will be removed.This plan comes alongside 60 measures agreed upon by watchdogs “following weeks of intense negotiations” that are designed to make it easier to do business in the UK.Those m …
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[mwai_chat context=”Let’s have a discussion about this article:nnA group of industry regulators are to meet the chancellor on Monday to discuss how they can help speed up economic growth. Rachel Reeves is expected to use the meeting to outline more details about cutting the cost of regulation, including environmental measures, as well as scrapping some bodies in their entirety.Her actions come as the government seeks to reduce bureaucracy, and follows Prime Minister Sir Keir Starmer’s announcement last week that NHS England would be abolished.The Conservatives said Labour’s taxes and trade union red tape were harming growth and called on Reeves to set out a “real plan”.Eight regulators including Natural England and the Environment Agency will meet the chancellor on Monday.”Today we are taking further action to free businesses from the shackles of regulation,” Reeves said. “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.”The meeting follows the government abolishing NHS England, the world’s biggest quango – short for a quasi-autonomous non-governmental organisation – last week. In a statement on Monday, the government said “regulators must work for the people… not get in the way of progress”.Changes expected to be announced include streamlining the environmental regulatory process for major projects including Lower Thames Crossing (subject to planning approval) and future ones such as a Heathrow expansion.Environmental guidance, including hundreds of pages on bats, is expected to be reviewed, while environmental permits for some low-risk and temporary projects will be removed.This plan comes alongside 60 measures agreed upon by watchdogs “following weeks of intense negotiations” that are designed to make it easier to do business in the UK.Those m …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
