We all want to live in a society where the food we eat and the things we buy are safe, where the natural environment is protected, and where our homes and workplaces are secure. The common-sense rules that we often take for granted safeguard the things we care about and allow us to flourish.
But successive governments have viewed these protections as a burden on business, and have sought to reduce them – both through direct deregulation and the erosion of regulatory enforcement capacity. Scrapping protections means losing the sensible rules that have driven up living standards, protected the most vulnerable, and helped create the rights, reassurances and freedoms that we all enjoy.
In fact, strong protections boost jobs and skills and deliver social, environmental and economic benefits. Most businesses agree that sensible rules don’t hold us back, they enhance the nation’s growth and competitiveness. And our research shows wide public support for common-sense protections, across the political spectrum.
We believe the deregulation pendulum has swung too far.