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Policy Paper Published 16 Jan 2023 Department for Business, Energy & Industrial Strategy ↗ View on GOV.UK

Better regulation: annual report 2021 to 2022

Annual progress report on the business impact target (BIT) to reduce unnecessary regulatory burdens on business.

▤ Verbatim text from source document

The business impact target (BIT) concerns the economic impact of regulation on businesses.

The progress report includes:

  • information on regulatory provisions that have come into force or ceased to be in force during the parliamentary year
  • an assessment of the economic impact on business of the regulatory provisions

The report is a statutory obligation of the Small Business, Enterprise and Employment Act (SBEE) 2015.