!['Labour's mountain of red tape will cost consumers and business billions'](https://cdn.magzter.com/1583504377/1719457312/articles/HlWJA9f9Y1719462177300/LABOURS-MOUNTAIN-OF-RED-TAPE-WILL-COST-CONSUMERS-AND-BUSINESS-BILLIONS.jpg)
Sir Keir Starmer's plan to introduce 62 new regulations will have "far-reaching economic consequences", according to the Institute of Economic Affairs.
This is more than double the amount contained in the Conservative Party manifesto and 48 more than proposed by Nigel Farage's Reform UK.
The Liberal Democrats have proposed the most new regulations, with 128 policy measures, followed by the Green Party at 104.
Details of the cumbersome red tape were unearthed by the rightwing free market think tank following a forensic analysis of each party's General Election manifesto.
Author of the paper and IEA director of public policy and communications Matthew Lesh, also welcomed some manifesto commitments, such as planning reforms, that could reduce business burdens and grow the economy.
But he warns the overall trend is towards increased compliance.
Mr Lesh said: "The major parties are proposing a tsunami of new regulations that could significantly increase costs for businesses and consumers.
"These policies will have far-reaching economic consequences, from banning petrol cars to mandating higher energy efficiency standards.
This story is from the June 27, 2024 edition of Daily Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the June 27, 2024 edition of Daily Express.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
![DROSS TO BOSS AS LIONS ESCAPE](https://reseuro.magzter.com/100x125/articles/21044/1750655/63kXZAAc61719809903640/DROSS-TO-BOSS-AS-LIONS-ESCAPE.jpg)
DROSS TO BOSS AS LIONS ESCAPE
Southgate had looked lost on touchline until amazing twist
![Year of hurt never stopped me dreaming](https://reseuro.magzter.com/100x125/articles/21044/1750655/-tX2fWtkK1719809630666/YEAR-OF-HURT-NEVER-STOPPED-ME-DREAMING.jpg)
Year of hurt never stopped me dreaming
RELAXED RADUCANU READY TO BE PART OF GLORIOUS SUMMER
![It's a Shangri-La moment for our leaders of the pack](https://reseuro.magzter.com/100x125/articles/21044/1750655/8tVMbKC9T1719809778009/ITS-A-SHANGRILA-MOMENT-FOR-OUR-LEADERS-OF-THE-PACK.jpg)
It's a Shangri-La moment for our leaders of the pack
GARETH SOUTHGATE and England love a leadership group but for more than an hour and a half of an utterly dreadful performance it went missing.
![DUEL'S GOLD](https://reseuro.magzter.com/100x125/articles/21044/1750655/nySjO4QAm1719809477245/DUELS-GOLD.jpg)
DUEL'S GOLD
Verstappen and Norris gift laughing Russell a rare win
![IT'S OUR MOMENT OF TRUTH](https://reseuro.magzter.com/100x125/articles/21044/1750655/5UN2txP3T1719809351967/ITS-OUR-MOMENT-OF-TRUTH.jpg)
IT'S OUR MOMENT OF TRUTH
KEVIN SINFIELD has warned England their tour starts now as Steve Borthwick's side prepare to face New Zealand on Saturday in Dunedin.
![LOS FIRMLY IN PROFIT](https://reseuro.magzter.com/100x125/articles/21044/1750655/GC1N2gst91719809204416/LOS-FIRMLY-IN-PROFIT.jpg)
LOS FIRMLY IN PROFIT
Angeles wins Irish Derby
![Tories and Labour working to get small business votes](https://reseuro.magzter.com/100x125/articles/21044/1750655/pBWoAorbn1719808618634/TORIES-AND-LABOUR-WORKING-TO-GET-SMALL-BUSINESS-VOTES.jpg)
Tories and Labour working to get small business votes
FOUR in five bosses of small and medium-size businesses are still holding out to be wooed Thursday's General Election.
!['Jane saved my life...it's as simple as that'](https://reseuro.magzter.com/100x125/articles/21044/1750655/rjOEgKkpF1719808485306/JANE-SAVED-MY-LIFEITS-AS-SIMPLE-AS-THAT.jpg)
'Jane saved my life...it's as simple as that'
Dog charity worker nominated for her PTSD crusade
![Children killed by missiles](https://reseuro.magzter.com/100x125/articles/21044/1750655/1orpHyTFm1719808414210/CHILDREN-KILLED-BY-MISSILES.jpg)
Children killed by missiles
THREE children were among seven civilians killed by a Russian missile attack on a town in southern Ukraine.
![Pub's not the best place if you have a hangarover](https://reseuro.magzter.com/100x125/articles/21044/1750655/nt081WjuO1719808335301/PUBS-NOT-THE-BEST-PLACE-IF-YOU-HAVE-A-HANGAROVER.jpg)
Pub's not the best place if you have a hangarover
IT may not be the best choice for a quiet pint - this pub garden is just 50ft from an airport runway.