To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential implications for his policies of the Regional Innovation Deals as proposed by the European Union.
Answered on
5 January 2022
As the EU proposes new approaches, it will be important for the UK to respond appropriately, using our increased adaptability and freedoms as we capitalise on the opportunities of EU Exit. I look forward to scrutinising the EU’s proposal in due course.
The UK is incredibly well placed in this space, through well-established feedback mechanisms between regulated businesses, regulators and policy makers and broader work currently underway reviewing the existing regulatory framework and the important regard already paid to innovation friendly regulation in the UK Innovation Strategy’s commitments.