Regulation should be about the setting of standards and protection of the public interest. A completely unregulated world would be like the Wild West. Exciting, but dangerous!
On the other hand, over-regulation can stifle innovation and creativity. It also slows down change.
Regulation is also a watchword for lawyers. A feeding ground for disputes and delays.
So Sir Keyer’s new government, in his relentless slow dash for GROWTH, has vowed to clear away as many regulations as possible. And he has nominated the All-Star, bulldozer-busting Deputy Prime Minister- Angie Raindeer to Avago.
Chancellor Rachel Rivet has already tried to steal a march on her political rival, by asking all the Regulators to come up with some proposals for less regulation. But turkeys don’t vote for Christmas, so that didn’t work
So where will Angie start? She has already shown in the two previous blogs on Planning and Housing that she can get things done with radical ideas and the use of AI. So she will press on with that. Whatever that means?
There are 116 Regulatory Bodies in the UK, which between them cost the taxpayers £5 billion a year to run.
Ofsted. £130million budget 1275employees
OFGEM £89 million budget 1187 employees
OFWAT. £19 million budget 226 employees
GrumbleSmiles 
My interpretation of the modern web english language -AVAGO INITp My version HAVE a go IS IT NOT? WELL I am confsed hear we are ready for the first budget of this new Parliamentry Labour Party Led by and guided by Mr Starmer { I believe] and his cabinet of =angels? What aew we waiting for? What is he up to?
The international world is alight with a MR MUSK, and TRUMP. and Mr Putine is sitting on the side lines looking in at what it may mean to him, and what he can achieve? While are Chinese population are in cloud cuckoo land on the web? shouting cuckoo to all of us?
MR STarmer is encouraging promoting the internal politics of the fractionous society in Great Britan to acheive their wishes, while it may be dreamlike, where does the ‘CASH’ come from and will it defend our nation in this modern world of thinking?
I ask politely where has the cash and investment gone withint THE UK, have we sold our SOULS for that ODD DOLLAR and do the citizens to whom these resouses belong line within the UK or are they all WEB Based like a MR MUSK and hi ideas, that money grows on trees, that can be planted anywhere? Like CHINA?
Please MR Starmer show us what a real pound in our pocket means, and use your judgement to tax us all, including the web investors,where are next pennies may come from, and ensure that we as a nation can feed, house and care for each other as human beings!
I have no wish to live in a shanty town or nation, however I would like a little leadersship with some truth, as to where we are going as a nation in this modern world of ours. Person to person so to speak, not a web or net full of promises, some may be a little ‘glib’ {unacceptable-not the truth].