• Privacy policy
  • T&C’s
  • About Us
    • FAQ
    • Meet the Team
  • Contact us
TLE ONLINE SHOP!
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
SUPPORT THE LONDON ECONOMIC
NEWSLETTER
  • TLE
  • News
  • Politics
  • Business
  • Sport
  • Opinion
  • Elevenses
  • Entertainment
    • All Entertainment
    • Film
    • Lifestyle
      • Horoscopes
    • Lottery Results
      • Lotto
      • Thunderball
      • Set For Life
      • EuroMillions
  • Food
    • All Food
    • Recipes
  • Property
  • Travel
  • Tech/Auto
  • JOBS
No Result
View All Result
The London Economic
No Result
View All Result
Home News

Rishi blames EU ‘low-growth mentality’ as he pledges to scrap European laws in new plea to Brexiters

“We need to capitalise on these opportunities by ditching the mass of unnecessary regulations and low-growth mentality we’ve inherited from the EU.

Joe Mellor by Joe Mellor
2022-07-17 08:32
in News
Credit:PA

Credit:PA

FacebookTwitterLinkedinEmailWhatsapp

Rishi Sunak is pledging to scrap hundreds of remaining EU laws and regulations if he wins the race for the Tory crown in a fresh pitch to win over Brexiteers.

The former chancellor has said, if elected, he would appoint a Brexit minister to go through the remaining 2,400 EU laws still on the statute book.

He or she would be instructed to come forward with the first set of recommendations for rules to be scrapped or changed within 100 days of Mr Sunak entering No 10.

His latest intervention comes as the remaining five contenders still in the contest are preparing for the second televised debate to be screened on ITV on Sunday evening.

In a statement setting out his proposals, Mr Sunak stressed that he had always backed Brexit, even though he had been warned it could damage his political career, because it was the “right thing” for the country.

Low-growth

It comes as a number of strongly pro-Brexit MPs are backing other candidates – including Foreign Secretary Liz Truss, even though she backed Remain in the 2016 referendum.

Mr Sunak said: “We need to capitalise on these opportunities by ditching the mass of unnecessary regulations and low-growth mentality we’ve inherited from the EU.

RelatedPosts

Mick Lynch makes rapturous speech as Enough is Enough gathers momentum

Britain is suffering the worst inflation crisis in the G7

Victory for Burnham as Manchester bus fares capped at £2 for adults and £1 for children

Labour membership down 91,000 under Starmer

“I have a plan, if elected prime minister, to have scrapped or reformed, by the time of the next election, all the EU law, red tape, and bureaucracy still on our statute book that is holding back our economy.

“As prime minister, I would go further and faster in using the freedoms Brexit has given us to cut the mass of EU regulations and bureaucracy holding back our growth.

“If we do this, we can get our economy growing quickly again and become the most prosperous country in Europe.”

The review would include an overhaul of the remaining EU financial services regulations with a view to triggering a “Big Bang 2.0” for the City to enable it to maintain its status as a leading world financial centre.

Mr Sunak also indicated that he would overhaul EU General Data Protection Regulation (GDPR) rules and speed up the clinical trials by cutting EU red tape.

The former chancellor topped the first two rounds of voting by MPs, although he still remains short of the 120 votes needed to guarantee him a place in the final run-off ballot of party members.

Stalinist

International trade minister Penny Mordaunt remains in second place while Ms Truss is third.

However some MPs believe the former equalities minister Kemi Badenoch in fourth place could be well-placed to pick up votes in the third round on Monday, having impressed many activists with her performances so far in the contest.

In an interview with The Sunday Telegraph, Ms Truss said she would seek to abolish “Stalinist” housing targets – unpopular with some Tory MPs – if she was elected.

“I want to abolish the top down Whitehall inspired Stalinist housing targets. I think that’s the wrong way to generate economic growth,” she said.

“The best way to generate economic growth is bottom up by creating those incentives for investment through the tax system, simplifying regulations.”

Related: Reactions as Liz Truss caught copying Thatcher again at Tory leadership debate

Tags: BrexitRishi Sunak

Since you are here

Since you are here, we wanted to ask for your help.

Journalism in Britain is under threat. The government is becoming increasingly authoritarian and our media is run by a handful of billionaires, most of whom reside overseas and all of them have strong political allegiances and financial motivations.

Our mission is to hold the powerful to account. It is vital that free media is allowed to exist to expose hypocrisy, corruption, wrongdoing and abuse of power. But we can't do it without you.

If you can afford to contribute a small donation to the site it will help us to continue our work in the best interests of the public. We only ask you to donate what you can afford, with an option to cancel your subscription at any point.

To donate or subscribe to The London Economic, click here.

The TLE shop is also now open, with all profits going to supporting our work.

The shop can be found here.

You can also SUBSCRIBE TO OUR NEWSLETTER .

Subscribe to our Newsletter

View our  Privacy Policy and Terms & Conditions

Trending on TLE

  • All
  • trending
Abdollah

‘Rescue us’: Afghan teacher begs UK to help him escape Taliban

CHOMSKY: “If Corbyn had been elected, Britain would be pursuing a much more sane course”

What If We Got Rid Of Prisons?

More from TLE

Isolation – Film & TV drama might be best coping mechanisms

Cuddle between six-year-old girl & army hero dad will break hearts in a new charity calendar 

White racial loyalist pamphlets distributed in Merseyside

International Women’s Day Playlist 2016

Are you paying attention during film trailers? Take the test

Truss vs Sunak? It’s 60/40, according to the bookies

Asylum seekers ‘could be sent abroad to be processed’

Beetroot mountain ‘will rot’ as EU firms look elsewhere

Happiness at Work

No-deal would hit ‘red wall’ seats hardest

JOBS

FIND MORE JOBS

About Us

TheLondonEconomic.com – Open, accessible and accountable news, sport, culture and lifestyle.

Read more

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.




No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Entertainment
  • Lifestyle
  • Food
  • Travel
  • JOBS
  • More…
    • Elevenses
    • Opinion
    • Property
    • Tech & Auto
  • About Us
    • Meet the Team
    • Privacy policy
  • Contact us

© 2019 thelondoneconomic.com - TLE, International House, 24 Holborn Viaduct, London EC1A 2BN. All Rights Reserved.