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The Government has exceeded its target to identify 3,000 regulations to be amended or scrapped


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Via Number 10, Supporting business: David Cameron announces new plans: In a speech to the Federation of Small Businesses, the Prime Minister will tell the audience that the government has exceeded its target to identify 3,000 regulations to be amended or scrapped. This is the first government in modern history to reduce overall domestic regulation for business while in office. 800 regulations have already been abolished or simplified – with tens of thousands of pages of red tape still to face the […]

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Co-operatives Bill update


After the success of the Co-operatives in Education debate that I called in Parliament, I pressed the Government on its 2012 pledge to bring in a Co-op Bill: Steve Baker: In January 2012, my right hon. Friend the Prime Minister made a wonderful speech about how to reconstruct an inclusive, just and popular capitalism. He called for a new co-operatives Bill, but that has not yet appeared. I cannot imagine that the Liberal Democrats are opposing it, but I cannot […]

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Via City A.M. – Boris on Starbucks and DC on judicial review


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On the cover of City A.M. this morning, Boris Johnson argues that Starbucks must do more for the UK. Apparently, the Mayor said of Starbucks, “It needs to reflect very fast and very seriously on its position…Either it makes a change in its tax arrangements or does a lot more to visibly serve society.” Now, I was critical of Starbucks in the press myself, but the Mayor is mixing up two issues: paying tax and serving society. As I said […]

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David Cameron has shown why the Tories are the truly moral party – Telegraph


In Birmingham yesterday Mr Cameron delivered the third great speech of his career. As on the two previous occasions, it came at exactly the right moment. He arrived here in shocking shape after a dire six months, during which the Government had been guilty of indecision, incompetence, drift and – at times – an intolerable arrogance. Many people no longer knew what the Prime Minister stood for. There was even talk that he might not survive until the general election. […]

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The PM’s critics on the EU have a crucial question to answer


What would they have done about this “new fiscal compact” agreed at the recent European Council: General government budgets shall be balanced or in surplus; this principle shall be deemed respected if, as a rule, the annual structural deficit does not exceed 0.5% of nominal GDP. Such a rule will also be introduced in Member States’ national legal systems at constitutional or equivalent level. The rule will contain an automatic correction mechanism that shall be triggered in the event of […]

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