Writing in the Financial Times on Tuesday ahead of a meeting with business leaders, Chancellor Gordon Brown provided detail on two new pieces of legislation designed to reduce the burden of red tape on the UK's businesses.
Under the proposed measures, unveiled in the Queen's Speech last week, the number of official regulators in the UK would be cut from 29 to just seven, and redundant regulations would be removed from the statute books following consultation with the business community.
Calling on the representatives attending the meeting to alert the government to "outmoded and unnecessary" regulations, Mr Brown observed that:
"The modern challenge is to enhance the flexibility needed for a successful economy and to tackle the regulatory concerns we know all industrial economies face, without sacrificing the standards a good society needs."
.
Network Tweets
Network BlogsContent
provided by
|
Archive | Resources | Partners | Site Map | Links | Newsletter Archive | Contact | RSS Feeds | About | Syndication | Advertising & Marketing | Recruitment | Terms & Conditions | Privacy
Copyright © 2012 - All Rights Reserved - Tax-News.com
IMPORTANT NOTICE: Tax-News.com has taken reasonable care in sourcing and presenting the information contained on this site, but accepts no responsibility for any financial or other loss or damage that may result from its use. In particular, users of the site are advised to take appropriate professional advice before committing themselves to involvement in offshore jurisdictions, offshore trusts or offshore investments.
Write a comment