The bill reportedly postpones a deadline of 2023 to remove EU laws in the country.
“We want to use our momentum from our recent Parliamentary Reception to work with our government leaders to maximise the legislation that enables growth within our industry, supports the net-zero ten-point plan and encourages home-grown investment to allow us to compete on the global stage,” a press release said.
“It has always been our hope that UK politics would move away from sensationalist headlines that pander to the instant gratification of some of the electorate and move towards sensible long-term planning that will enable a strong and resilient Britain,” added chairman Dr Alan Banks.
“The perception that all laws European are bad is clearly nonsense and their blanket removal without any due diligence would be extremely difficult for UK manufacturing. […] We have the means to cherry pick the specifics of the regulations which would see British businesses benefit the most; and with the removal of the artificial time scale, we now have the correct means to deliver.”