§ Mr. Paul MarsdenTo ask the Secretary of State for Trade and Industry how many new regulations on business have been introduced in each year since 1997. [111923]
§ Ms HewittThe number of Statutory Instruments (SIs) that this Department has passed is as follows:
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- 1997: 130
- 1998: 135
- 1999: 178
- 2000: 148
- 2001: 126
- 2002: 109
Only a small proportion of SIs have a significant impact on business. Of the 109 SIs produced in 2002, 11 have produced cost savings for business and 77 have had negligible or no impact. A regulatory impact assessment is produced for all SIs that have a cost to or benefit for business and copies are available from the Libraries of the House.