Kemi Badenoch praised Javier Milei in a speech on Wednesday.

Ask any business what is the biggest barrier to growth and time and again they will tell you it’s regulation, says Jamila Robertson

In a recent talk at the Centre for Policy Studies (CPS), the former Bank of England Governor, Lord King, reflected that the Bank of England staff had risen from 2,000 to 5,000 people, all working in regulation.

Much has been said about the damage to productivity of over-regulation, but little has been done – in fact, the opposite has happened.

In this parliamentary session (2024-26) alone, 343 bills have been tabled. Ranging from the ‘A34 Slip Road Safety (East Ilsley and Beedon) Bill’ to the ‘Bullying and Respect at Work Bill’ or the ‘Public Authority (Accountability) Bill’, a bill to set a requirement on public institutions, public servants and officials to act in the public interest with candour and frankness. One might presume this would be a prerequisite for the role, but this is what our legislators, our parliamentary representatives, are busying themselves with: proposing pointless legislation to negate the need for common sense. Nanny, they still believe, knows best.

​In its Future of Regulation report, the CPS found that the gross annual cost to business of regulations........

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