ishi sunak vows to scrap hundreds of remaining EU laws and regulations if he wins the race for the Tory crown in a new field to win Brexiteers.
The former chancellor has said that, if elected, he will Brexit minister to go through the remaining 2,400 EU laws that are still in the code.
He or she would be instructed to come up with the first set of recommendations for rules to be dropped or changed within 100 days of Mr. Sunak’s No. 10 entry.
His latest intervention comes as the remaining five contenders still in the game prepare for the second televised debate to be shown on ITV on Sunday evening.
In a statement outlining his proposals, Mr Sunak emphasized that he had always been behind Brexit, even though he had been warned it could harm his political career as it was the “right thing” for the country.
It’s because a number of strongly pro-Brexit MPs support other candidates, including Secretary of State Liz Trusseven though she supported Remain in the 2016 referendum.
Mr Sunak said: “We need to take advantage of these opportunities by dumping the mass of unnecessary regulation and the low-growth mentality we inherited from the EU.
“I have a plan, if elected Prime Minister, by the time of the next election to have scrapped or reformed all of the EU legislation, bureaucracy and bureaucracy that is still in our code of law holding back our economy.
“As Prime Minister, I would go further and faster in using the freedoms Brexit has given us to reduce the mass of EU regulations and bureaucracy that stand in the way of our growth.
“If we do this, we can quickly grow our economy again and become the most prosperous country in Europe.”
The review includes a review of remaining EU financial services regulations, with a view to triggering a “Big Bang 2.0” for the city to maintain its status as the world’s leading financial center.
Mr Sunak also indicated that he would review the rules of the EU’s General Data Protection Regulation (GDPR) and speed up clinical trials by cutting red tape in the EU.
The former chancellor topped the first two rounds of MPs’ voting, although he still hasn’t had enough of the 120 votes needed to guarantee him a place in the final round of party members.
Minister of International Trade Penny Mordaunt remains in second place while Mrs. Truss is third.
However, some MPs believe that fourth-place former equality minister Kemi Badenoch could be well placed to win votes in Monday’s third round, as she has impressed many activists with her performances to date. up in the match.
In an interview with The Sunday Telegraph, Ms Truss said she would try to abolish the ‘Stalinist’ housing targets – unpopular with some Tory MPs – if elected.
“I want to abolish the Whitehall-inspired Stalinist housing goals. I think that’s the wrong way to generate economic growth,” she said.
“The best way to generate economic growth is bottom-up by creating those incentives for investment through the tax system, thereby simplifying regulation.”