...significant progress being made. While there is still some way to go, this represents an important step in improving attention to evaluation. Toward the end of March 2025, the Chancellor...
...estimates. The more we reduce emissions, the costlier it gets. Cheaper abatement options are exhausted first; later reductions require more expensive interventions. That's why we face an upward-sloping cost curve,...
...Meanwhile, there was no significant exit of landlords or letting agents from the market. The aggregate welfare gain was conservatively estimated to be over £16 million. Crucially, none of this...
The quality of a country's regulatory framework is not a purely domestic concern. It shapes trade relationships, influences investment decisions, and signals to international partners whether a country is serious...
...to the government consultation. The deadline for responses is 1 October 2021. Have your say on the Better Regulation Framework. Stay up-to-date by signing up for email alerts from this...
...significantly reduce the value of the metric. It excludes the ongoing direct costs of compliance which are typically both much larger and more important when: comparing policy options; considering whether...
...was not required. As a result, the number of cases we considered during the year was lower than in previous years. It also means that many of the most significant...
...the net direct costs to business of new regulations and measures the cumulative burden of significant new regulations in the Business Impact Target (BIT) account, which is reported annually by...
...decisions. Andrew explained the RPC’s approach of issuing ‘initial review notices’ which give departments an opportunity to improve impact assessments (IAs) during the scrutiny process. The fact that a significant...
...significant increase in the number of IAs submitted late to the RPC – in some cases when the legislation was already before Parliament. This undermines the purpose of the Better...