7th Report - Industrial Strategy

Select Committee
Business and Trade Committee HC 727 6 June 2025
Report Status Government responded
Conclusions & Recommendations 32 items (24 recs)
Source View on Parliament website
Government Response (AI assessment · 32 of 32 classified)
Accepted 17
Accepted in Part 6
Acknowledged 4
Deferred 2
Not Addressed 1
Rejected 2
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28 Conclusion Not Addressed
The regulatory landscape for businesses needs to be simplified. We welcome the Government’s commitments to regulate for growth, and attempts to offer clarity through the regulation action plan and regulatory innovation office. However, we agree with Lord Livermore that the Government should take this agenda further and we believe that …
Government Response Summary
The government stated that the Regulatory Innovation Office (RIO) will continue its role without changes to its department or scope, and mentioned ongoing efforts to implement over 30 regulatory changes to cut administrative costs by 25% by the end of Parliament, without addressing the call to do more.
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