Deliver smart economic regulation that supercharges innovation and investment

Economic regulation must keep pace with a changing economy – or businesses lose out

The UK has set bold ambitions to achieve net -zero emissions by 2050 and to deliver full fire broadband across the UK. But to make ambitions like these a reality, the government must take a coordinated and pro-innovation approach to the UK’s economic regulation and competition landscapes. Strong policies will encourage investment, drive innovation, and promote economic prosperity.

The change we're calling for

That’s why, as the UK recovers from the pandemic, we’re asking the government to act now and create a future-facing regulatory framework. The government must set out fair and effective regulatory and competition policies that both promote growth and protect consumer welfare. 

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    A principles-based approach to economic regulation and competition policy that encourage new business models and innovations that keep pace with speed of change

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    Clarify the priorities and infrastructure of the UK’s reformed competition regime

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    Develop a regulatory framework that enables long-term investment in infrastructure through collaboration between regulators and business

A regulation renewal

Investment is key

Regulation is an integral policy tool used by the government to promote competition in markets and preserve consumer welfare. However, the regulatory framework must be coordinated, clear and enable innovation.

  • An additional £9bn investment is needed in the energy sector annually to meet the net zero target

  • Merger investigations by the CMA are set to increase by 50%

  • The UK has fallen to 9th place in the World Economic Forum’s Global Competitive Index

Regulation impacts every business

Reimagining the regulatory framework will ensure businesses in all sectors and UK regions can thrive. Find out more about the recommendations put forward by the CBI to develop a framework that supports innovation and encourages long-term investment, and learn about the challenges UK businesses face.

  • UK policy —

    Reimagining regulation: creating an economic framework fit for the future

Our progress and impact

The CBI campaigns tirelessly on behalf of our members so that business creates prosperity for all. Learn more about the work we do and the impact we are making on this issue.

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Support the change

  • Join the CBI

    Our members are our mandate, and the reason we’re the most influential business organisation in the UK. Join the voice of business and help us campaign to create an economic, regulatory framework that suits a modern, flexible world of work.

  • Have your say

    Want to have your voice heard on competition policy issues? Join the CBI’s competition policy working group and help monitor and influence competition policy in the UK. Drive real change on the issues that matter to your business.

  • Make a difference

    This campaign is led by the CBI’s Tax and Fiscal Policy team. Contact Rahat Siddique, Senior Economist, to find out about the change UK business urgently needs and how you can support it.