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Local MP Kemi Badenoch promises to cut taxes and regulation for businesses

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Friday, 11 September, 2026
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Kemi is wearing a black coat a business owner is showing her something on her phone

Leader of the Conservative Party and local MP, Kemi Badenoch, has pledged that the Conservatives will cut tax and regulation for businesses.

The Conservatives' economic plan will reduce energy costs for businesses and cut regulations that hold businesses back.

Ms Badenoch has pledged a bumper book of measures that backs businesses including scrapping business rates for thousands of high-street businesses, repealing Labour’s Employment Act, reforming IR35 rules for the self-employed and overhauling regulations for opening a business bank account.

The Conservatives have announced other measures to support businesses, including scrapping business rates for thousands of high street firms and introducing the Cheap Power Plan, which will cut electricity bills for businesses by up to 20 per cent through axing the Carbon Tax.

These savings will give businesses the confidence and capacity to reinvest, create jobs, and grow.

The Conservatives are reviewing all regulations that are holding businesses back and will announce further deregulation in due course.

Commenting, the Rt Hon Kemi Badenoch MP said: 

“Speaking to businesses across Chelmsford and Uttlesford, they tell me how much they are struggling with rising energy costs, over regulation and staffing costs.+

“The Conservative Party under my leadership backs business, we know that it is business that creates growth. We have a plan to create an economic revolution.

We’ll cut energy costs, cut taxes, make hiring easier and slash red tape so businesses across North West Essex can grow and create jobs."

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