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Red tape reductions on the way |
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01 December 2010 |
The announcement by Business Secretary Vince Cable of a new forum called the 'Reducing Regulation Committee' was the first step in the government's drive to control the burden of red tape on businesses.
In addition, he announced a review of all new pending regulation and pledged only to introduce new rules when existing ones could be abolished.
The announcement by Business Secretary Vince Cable of a new forum called the 'Reducing Regulation Committee' was the first step in the government's drive to control the burden of red tape on businesses.
In addition, he announced a review of all new pending regulation and pledged only to introduce new rules when existing ones could be abolished.
As he said at the time: "We need to reduce regulation and at the same time meet our social and environmental ambitions. This demands a radical change in culture away from the tick-box approach to regulation only as a last resort."
Commenting on the announcement, the Chief Executive of the Forum of Private Business, Phil Orford, said: "We look forward to an enterprise culture that is conducive to small business growth rather than restrictive, as we have at present with the record levels of red tape that exist."
There is a risk that reduced regulation, while cutting the time and expense of compliance for businesses, might in the medium term leave them uncertain of their responsibilities. Your solicitor will always be fully conversant with changes as they take place, giving you an easy-to-access and cost-effective source of guidance whenever you are unsure of the current position.
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