If the current rate of legislation continues for the next decade, EU rules will cost Britain £356billion – equivalent to £14,300 per British household, or enough to abolish income tax for two years.
Interestingly though, the paper tries to suggest, by associaton (that's a bit desperate!), the Tories are taking a stand on this:Mr Wolfson, a close ally of Tory leader David Cameron, said: “Small businesses in particular need all the help they can get. There has never been a more important time to confront the torrent of regulations shackling their ability to operate effectively.
“The mindset of government must change. Policymakers must accept the radical idea that the law should only be used to regulate our endeavours where there is an overwhelming case for state intervention. “Secondly, Ministers must be far stronger in resisting new regulation from the EU.
“They must use all the power at their disposal to stem the tide of regulation coming from the EU, regardless of the unpopularity it may cause us in Brussels. In the long run, the whole of Europe will thank us for taking a stand.”
That all sounds good, doesn't it? But what the paper forgot to mention is that under the existing EU rules, that the Conservative party have continuously supported and voted for, there is nothing that British Ministers can do about EU legislation.
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