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LIZ LIGHTS EU BONFIRE: Truss vows “red tape BLITZ” of EU law by end of 2023  

LIZ Truss has vowed to review all EU laws retained after Brexit by the end of next year if she becomes prime minister, and to scrap or replace those that are deemed to hinder UK growth.

The Tory leadership hopeful “believes that a red tape bonfire will encourage business investment and boost growth”, her campaign said on Friday.

The Foreign Secretary, who voted Remain in the 2016 referendum, is pitching herself as the “best candidate to deliver on the opportunities of Brexit” in a bid to gain the votes of Conservative members required to win the race for No 10.

Ms Truss said that, if elected, she would set a “sunset” deadline for every piece of EU-derived business regulation and assess whether it stimulates domestic growth or investment by the end of 2023.

Industry experts would be tasked to create “better home-grown laws” to replace those that fail the test, if they are not ditched altogether.

Plans set out last month by Jacob Rees-Mogg, the Cabinet Office minister responsible for “Brexit opportunities”, to axe all remaining EU laws by June 2026 were met with criticism for this reason.

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Ms Truss said: “As prime minister I will unleash the full potential of Britain post-Brexit, and accelerate plans to get EU law off our statute books so we can boost growth and make the most of our new-found freedoms outside of the EU.

“I have proved as trade secretary and in the Foreign Office that I am the candidate who can be trusted to deliver on the promise of Brexit and make Britain a higher-growth, higher-productivity powerhouse.

“EU regulations hinder our businesses and this has to change. In Downing Street, I will seize the chance to diverge from outdated EU law and frameworks and capitalise on the opportunities we have ahead of us”.

The Truss campaign said the Equalities Act would not be included in their plans, arguing it is not EU law, though this is disputed.


Sunak has said he would appoint a Brexit minister to go through the remaining 2,400 EU laws still on the statute book if he were to beat Ms Truss in the contest to replace Boris Johnson.

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The minister would be instructed to come forward with the first set of recommendations for rules to be scrapped or changed within 100 days of Mr Sunak entering No 10.

Liberal Democrat foreign affairs spokesperson Layla Moran said the Tory candidates’ plans amounted to “pointless posturing over Europe” at a time when people are struggling with soaring bills.

She said: “The Conservative Government would do better to focus on fixing their botched trade deal with Europe which is drowning our businesses in red tape and raising prices in the shops.

“Neither Liz Truss or Rishi Sunak have got a plan to get the country through the cost of living emergency and NHS crisis. It shows why we need a general election as soon as the new prime minister is in place, so we can kick out this failing Conservative government for good.”

Ms Truss also said she would scrap EU Solvency II rules, which make pension funds and insurers set aside capital to prove they can withstand a major shock, to “unlock billions of investment into UK infrastructure”.

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But she would introduce new regulation to preserve the Solvency II’s original goal of protecting people’s investments.

Mr Sunak has also pledged to ditch the Solvency II regulation to help investors put money into infrastructure assets.

The final two candidates for prime minister will tour the UK over the summer to take part in 12 hustings for the Conservative Party members who will vote for their next leader, with the result being announced on September 5.

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