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Regulatory Enforcement and Sanctions Bill [Lords]

I beg to move, That the Bill be now read a Second time. Well-targeted regulation ensures essential rights for consumers and workers. It is a mark of a civilised society. It is necessary to protect our environment, and it is needed to tackle market failures and to establish the simple, clear and consistent rules that businesses and public services need to operate successfully. But too much regulation and poorly targeted interventions can lead to unnecessary costs that could hold back UK businesses, charities and public organisations. That is why the Government have developed an ambitious better regulation agenda that aims to eliminate inappropriate regulatory burdens, wherever they exist. I am pleased to report to the House that that is already bearing fruit.