Jacobd Rees-Mogg pledges to ‘axe whole gamut of EU’s rules’

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The Business Secretary declared that repealing EU laws retained after Brexit will give consumers “freedom of choice” and will inspire innovation. And he reaffirmed a Government vow to rescind EU laws by 2023.

Mr Rees-Mogg said at a Tory Party conference fringe event: “There are tariffs that we apply on goods coming from outside the EU that make life fundamentally more expensive for British consumers.

“But in and of themselves, each one is relatively small.

“What we’ve got to do is get the whole gamut of them, so the 2,400 or 2,500 EU regulations, we need to turn into rules that make us more economically efficient.

“The combination of that will be very powerful and benefit prime ministers that are not yet born but it will have a fundamental and transformative effect on the UK economy.”

He insisted public safety remains at the heart of policy – and referenced the peace of mind he gets as a parent that cab drivers are vetted.

He explained: “There’s every intention of ensuring that there are proper safety standards and employment standards are maintained, but you want to have what is needed, not interfering in every detail of people’s lives…

“Freedom of choice for consumers is very important and leads to innovation, new products and economic prosperity.”

The Cabinet minister joked that the Government has become even more radical than the right-wing Institute of Economic Affairs (IEA) think tank, which hosted the event on promoting deregulation.

It was put to him that Prime Minister Liz Truss has vowed to repeal EU laws retained after Brexit by next year, which is earlier than the IEA’s recommendation of 2027.

Mr Rees-Mogg replied: “When the IEA becomes the Tory wets, we’re in a very good position.”

Referring to EU rules that stop supermarkets from placing sweets close to the tills, he added: “May I encourage people as a passive protest to move the chocolate oranges to the checkout counter – freedom for chocolate oranges is what I say.”

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