Anna Soubry (Broxtowe) (Con)
I am sure the House will join me in celebrating the fact that SMS Electronics in Beeston in Broxtowe has been a lucky recipient of a Queen’s award for enterprise. Many small businesses tell me and others that they need less regulation and oppressive red tape if they are to grow. Will a Minister please confirm something that I was told today: that under the previous Government, there were six new regulations every working day?
There were six regulations every working day under the previous Government. I am proud to say that instead of having 1,500 Labour regulations every year, this Government have reversed the pattern. There were just 89 last year. That is real progress, and good for businesses in my hon. Friend’s constituency and across the country.