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.
More top news
White House budget officials outlined the information during a telephone call with reporters given on condition of anonymity.
A prison officer is to be charged with gross negligence manslaughter and misconduct in public office in relation to the death of an inmate.
The 2017 Oscars will be remembered as the year the wrong film got the best picture award, but it wasn't the first memorable mix-up.