3. Common Sense Regulation A clear sensible and proportionate regulatory framework supports the growth of all businesses. In the last Government, we cut the cost of domestic regulation for UK businesses by £10 billion. In this Parliament, we propose to make a further £10 billion of savings by removing unnecessary regulation and creating the best conditions for growth. Given that tourism is a dynamic sector, with new business models emerging all the time, we will keep our regulatory framework under review to ensure that common sense prevails and we miss no opportunities to protect and grow the tourism sector.