The government says it has set out a comprehensive strategy which aims to achieve strong, sustainable and balanced growth. In a statement it said:
"Savings to business from cuts in regulation have outweighed the costs of new domestic regulation by more than £850m and reform of labour laws has already led to an increase in the qualification period for unfair dismissal and reform of employment tribunals.
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Last minute preparations are going on at the Church of St Mary Magdalene where Princess Charlotte will be christened.
Princess Charlotte is being christened on Sunday at Sandringham in Norfolk in only her second public appearance since she was born.
Thunderstorms clear the North, leaving a dry and warm day with sunny spells.