It’s disappointing to see a Labour chancellor regurgitate “regulations bad”.

Reeves says rules and red tape are ‘boot on the neck’ of business

I’m sure ministers will be queuing up to get their generously subsidised meals from cafeterias relieved of those pesky food standards regulations. And I have no doubt multinational corporations are lobbying hard for the removal of the thicket of intellectual property regulation they use to avoid tax.

Miles Metcalfe @mmetcalfe