The government is consulting on deregulating chemicals to reduce costs to business, proposing that chemicals approved by trusted foreign jurisdictions should be used in the UK.
Instead, that's the exact opposite of what happened. Just a day after Lutnick announced a deal had been signed, news broke that Trump is on the cusp of signing executive actions which would dramatically escalate the so-called "AI arms race" with China.
Trump's assault on environmental protections has resulted in 145 actions to weaken regulations during his administration's initial 100 days, exceeding the total rollbacks of his first term.
Nigel Green argues that austerity-lite is inadequate and that real economic growth requires a push for deregulation, which would facilitate enterprise and job creation.