Question to the HM Treasury:

To ask the Chancellor of the Exchequer, of the regulation and tariffs he is removing that will be worth £800m to business, what is the estimated value for Northern Ireland based businesses.

The new regulatory administrative savings and tariff suspensions extensions announced at Budget 2026 will reduce costs for business by up to an estimated £800m in administrative and tariff costs a year across the UK, including Northern Ireland. The estimated value for Northern Ireland based businesses will become known as these measures are implemented. We will provide an update on our overall progress toward achieving the 25% administrative burden reduction target, that considers further savings and burdens, in due course.