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Regulating for Growth Bill

Lifecycle: Implementation Business and Trade Committee · Care Quality Commission · Competition and Markets Authority · Department for Business and Trade · Environment Agency · HSE · HM Treasury · Medicines and Healthcare products Regulatory Agency · Natural England · Public Accounts Committee · Regulatory Innovation Office · Solicitors Regulation Authority Last regenerated 57 minutes ago

Summary

What this is

The Regulating for Growth Bill, announced in the King's Speech 2026, would strengthen the statutory Growth Duty on named regulators (including Natural England, the Environment Agency and the Health and Safety Executive), give ministers a new statutory power to issue strategic steers, and create cross-economy 'sandboxing powers' enabling existing rules to be temporarily relaxed for live-market trials of new products and technologies.

Why it matters

The Bill is the legislative vehicle for the Government's Regulation Action Plan agenda — recasting regulator behaviour towards growth and innovation across the economy, with material implications for sandbox-eligible sectors (medicines and medical devices, autonomous maritime/defence, AI) and for the operating model of every regulator inside the strengthened growth duty.

Current status

Pre-legislative: announced in the King's Speech on 13 May 2026, building on the October 2025 Regulation Action Plan progress update and the Chancellor's 2026 Mais Lecture commitment to cross-economy sandboxing powers. The Public Accounts Committee has opened an inquiry into 'Regulating for growth' and taken oral evidence on 16 March 2026.

What changed recently

  • 13 May 2026 — King's Speech 2026 confirms the Regulating for Growth Bill, with strengthened Growth Duty and new cross-economy sandboxing powers.
  • 6 May 2026 — Government press notice reports businesses seeing 'processing times slashed' in a regulatory trial — framed as proof-of-concept for the sandbox model.
  • 16 Mar 2026 — Public Accounts Committee oral evidence session on its 'Regulating for growth' inquiry.
  • 25 Mar 2026 — Government response to the Covid-19 Inquiry Module 2 report accepts the need for clearer, time-limited emergency legislation with sunset and parliamentary oversight — feeding the Bill's design.
  • 22 Oct 2025 — Regulation Action Plan progress update published alongside the Chancellor's 'nearly £6 billion business blitz' on red tape.

Key documents

Framework

Operationalising

Implementation

Scrutiny

Evidence

Review

Other

Consultations

Stakeholders

Sponsoring department 2

  • Department for Business and Trade → src
    Lead sponsoring department for the Regulating for Growth Bill (King's Speech 2026); owns the Growth Duty, strategic-steer power and cross-economy sandbox regime.
  • HM Treasury → src
    Co-lead on the Regulation Action Plan; Chancellor announced the cross-economy sandboxing powers in the 2026 Mais Lecture and the October 2025 'business blitz'.

Sponsoring minister 1

  • Blair McDougall → src
    Labour, Commons; then Minister for Small Business and Economic Transformation at DBT when he issued HCWS973 on 21 October 2025 publishing the Regulation Action Plan update and signalling further legislative action; current status not confirmed by live lookup — treat as historical.

Lead committee 2

  • Public Accounts Committee → src
    Running the live 'Regulating for growth' inquiry (opened Dec 2025); took oral evidence on 16 March 2026 and is in correspondence with the Chancellor on Action Plan delivery.
  • Business and Trade Committee → src
    Set 'priorities for 2026' including regulatory burden and growth; took departmental oral evidence on DBT (March 2026).

Regulator / delivery programme 8

  • Health and Safety Executive → src
    Named in the Bill's list of lead regulators for the strengthened Growth Duty; concurrently running LOLER and PSSR calls for evidence reviewing scope and applicability of safety SIs.
  • Environment Agency → src
    Named lead regulator under the strengthened Growth Duty; environmental permitting reforms (April 2025) and modernisation following the Corry Review (Aug 2025) are the lead worked examples.
  • Natural England → src
    Named lead regulator under the strengthened Growth Duty in the King's Speech briefing.
  • Regulatory Innovation Office → src
    Cross-regulator body launched July 2025 to streamline regulation; partner for the Digital Regulation Cooperation Forum and the obvious operational home for the Bill's sandbox machinery.
  • Solicitors Regulation Authority → src
    Published its 2026/27 draft Business Plan setting out programme of regulatory-design changes (consultation open May 2026) — sector-specific instance of the Bill's broader regulator-modernisation agenda.
  • Care Quality Commission
    Recipient of CQC-regulations RIA (statutory sporting-events exception removal and restrictive-practice notification) — example of the cost-and-benefit RIA discipline the Bill's RIA reform agenda will need to deliver.
  • Medicines and Healthcare products Regulatory Agency → src
    Running its own pre-market medical devices stakeholder impact survey (May 2026); medicines and medical devices is one of three named sandbox sectors in the Bill briefing.
  • Competition and Markets Authority → src
    Received a new growth-focused Strategic Steer (May 2025) — first live example of the type of ministerial steer the Bill puts on a statutory footing.

Commentator 1

  • Sir Christopher Chope MP → src
    Conservative, Christchurch; sponsor of the Regulatory Impact Assessments Bill (Bill 101 2024-25), pressing for independent RIA validation — parallel backbench scrutiny vehicle on regulatory-cost discipline.

Witnesses & evidence-givers 1

  • Better Regulation Executive → src
    DBT-resident unit running the better-regulation framework consultation and the Business Perceptions Survey evidence base supporting the Bill.

Political commitments

  • commitment King's Speech announcement Labour · 2026 · King's Speech announces Regulating for Growth Bill

    Strengthen the Growth Duty on named regulators and create ministerial strategic-steer power

    It will give a list of leading regulators such as Natural England, the Environment Agency, and the Health and Safety Executive (HSE), a clear, statutory mandate to prioritise growth…

    Why linked: Operationalises the Growth Duty limb of the Bill in the King's Speech briefing.

  • commitment King's Speech announcement Labour · 2026 · King's Speech announces Regulating for Growth Bill

    Create cross-economy sandboxing powers

    the Bill will create cross-economy 'sandboxing powers' so that businesses can test cutting-edge new products and technologies safely, prove what works and then scale up delivery of these changes more quickly

    Why linked: Sandbox powers are the second pillar of the Bill, announced by the Chancellor in her 2026 Mais Lecture.

  • commitment Ministerial statement Labour · 2025 · Regulation Action Plan Update, and Modernisation of Corporate Reporting

    Deliver the Regulation Action Plan; modernise corporate reporting

    The Chancellor today set out the progress that has been made to deliver on the Government's vision for ensuring regulators and regulation support growth

    Why linked: WMS HCWS973 framing the legislative trajectory the King's Speech then formalised.

Open questions & gaps

Pending in the lifecycle

  • Bill text introduction date and lead House — King's Speech announces the Bill but no Parliamentary number, sponsor or sessional placement is yet on the events list.
  • Final scope of the 'list of leading regulators' caught by the strengthened Growth Duty beyond Natural England, EA and HSE — Ofgem, Ofwat and Ofcom were addressed in a 2023 extension consultation but the Bill's authoritative list is not yet published.
  • Sandbox-power safeguards: how 'strict controls' (consumer, worker and human-rights protections) will be operationalised, and the parliamentary procedure for embedding successful trials into law at pace.
  • Treatment of Welsh, Scottish and Northern Irish regulators and devolution carve-outs (e.g. The Regulated Services (Registration) (Wales) (Amendment) Regulations 2026 sit outside the Bill's English regulator list).

Beyond the corpus

  • MISSING Government RIA / impact assessment for the Regulating for Growth Bill itself — Standard accompanying document for a Bill of this kind — and particularly load-bearing given the Bill's own subject-matter is regulatory burden.
  • MISSING Published list of regulators in scope of the strengthened Growth Duty — Briefing names three regulators 'such as'; the operative list will be needed for compliance and lobbying.
  • MISSING Delegated Powers Memorandum — Sandboxing powers temporarily suspending existing law are a wide delegated-powers grant and will require DPRRC-level scrutiny.

Confidence gaps

  • Whether the Bill abolishes/repeals the Business Impact Target regime under the Small Business, Enterprise and Employment Act 2015 or just supersedes it operationally.
  • Interaction with the Regulatory Impact Assessments Bill (Bill 101 2024-25) — PMB requiring independent RIA validation — and whether Government Bill picks up any of those obligations.