Typical Tory trash. If they had their way, we really would all be living in Victorian conditions.
The bit about abolishing consumer rights is revealing, though. It further highlights the blind ideological nature of this government: Just like it is a right-wing mantra that public services are bad, and privitisation good, and so they drastically cut public spending, the opposite of what you're supposed to do during a recession, right-wing ideology also says that consumer protections are 'red tape' and harm business.
In reality, consumer protections are needed not just because it's a left wing ideal and not just because it is the right thing to do (although that is reason enough), but because they allow markets to flourish and increase consumer confidence in trade. Without them, consumers will spend less, more fraud will occur, and there will be more litigation.
It's just more short-sighted ideological nonsense of the type we've seen over and over with this government. They keep on trying to cut money where the net benefit in doing so is negative. That is, although they may save money in the short term by spending less, it will cost them more money in the long run.