Cameron promises to slash ‘crazy’ red tape
27 January 2014
Prime Minister David Cameron has promised to slash “crazy” red tape, which is affecting UK small and medium-sized enterprises (SMEs).
Mon, 27 Jan 2014Prime Minister David Cameron has promised to slash “crazy” red tape, which is affecting UK small and medium-sized enterprises (SMEs).
Speaking at a Federation of Small Businesses (FSB) conference today, Cameron pledged that more than 3,000 rules will be dropped or changed, saving small businesses more than £850m a year.
Cameron said he wanted to "get out of the way of small business success". And he predicted that his government would be the first in history to end a term in office with less regulation on the statute books than when it came into power.
“We need to be a country that celebrates enterprise and backs risk takers," he told the conference.
Philip Seager, a director of financial markets recruiter Alan Mitchell, tells Recruiter that regulation in the UK is not too onerous. “The only issue is the amount of taxation and National Insurance for employees,” he says.
Speaking at a Federation of Small Businesses (FSB) conference today, Cameron pledged that more than 3,000 rules will be dropped or changed, saving small businesses more than £850m a year.
Cameron said he wanted to "get out of the way of small business success". And he predicted that his government would be the first in history to end a term in office with less regulation on the statute books than when it came into power.
“We need to be a country that celebrates enterprise and backs risk takers," he told the conference.
Philip Seager, a director of financial markets recruiter Alan Mitchell, tells Recruiter that regulation in the UK is not too onerous. “The only issue is the amount of taxation and National Insurance for employees,” he says.
- Want to comment on this story? The Comment box is at the bottom of the page. Sorry for the glitch but just scroll right down and share your opinions!
