Regulatory rethink

EU regulation is increasing and places a “severe” burden on business, the Taxpayers’ Alliance warns. Its new report claims regulation is costing UK business £150bn a year, and recommends greater Parliamentary scrutiny of EU regulation, regular use of sunset clauses, and increased transparency to improve public awareness of EU regulation. Alliance policy analyst Ben Farrugia says: “Both the legislative process which has created this regulatory tangle and Britain’s relationship with the EU needs a serious rethink.”