This white paper aims to provide a package of regulatory reform for businesses, consumers and society in order to create an economy that fosters innovation and investment and encourages growth. The new measures aim to deliver on the UK government’s commitment to grow the economy and ensure that the UK has one of the most innovative and agile regulatory regimes in the world. 

Key features of the White Paper include:  

• Ten new common-sense ‘guiding principles’ that Government expects all regulators to apply in their day-to-day decision making.  
• This includes giving businesses the freedom to ‘self-certify’ in low-risk cases and not subjected to unnecessary inspections or mandatory training courses before they can serve their customers.   
• A ‘register of regulators’ which will be a one-stop-shop of all regulatory information, helping businesses find what regulations need to be followed more easily.
• A new ‘Growth Duty Performance Framework’ which will make regulators more transparent about how they are helping businesses go for growth at every opportunity.   
• A ‘Share Once Support Register’ which will mean vulnerable customers only need to register with energy, telecoms and water companies once, ensuring their access to utilities is protected.