22
For savings to be credible they need to be verified.
Conclusion
For savings to be credible they need to be verified. Savings reported by departments under the Business Impact Reduction Programme (2015–2023) were scrutinised by the Regulatory Policy Committee (RPC).52 This independence is particularly important given the variable quality of analysis produced by government departments. According to RPC analysis published in September 2025, almost one third (28%) of Impact Assessments reviewed since 2020 were either ‘weak’ or ‘very weak’.53
Source
Committee
Public Accounts Committee
Inquiry
Regulating for growth
Report
4th Report - Regulating for growth
10 Jun 2026
HC 93
Addressee Bodies
HM Treasury
Timeline
Recommendation age
0.1 yrs
Report published
10 Jun 2026