The Government claim progress on cutting red tape for businesses. They have provided the ticker, right, which gives a running update of the red tape scrapped. Under the previous Government, the equivalent of six new regulations every working day were passed, or over 1,500 in a year. In 2011, the Government cut that flow to 89 measures of which just 19 imposed any cost to business. In addition the Government have: Capped the cost of new regulations, through the One […]
Tags: Bureaucracy, Business, Growth, Liberty, Market Intervention, Markets, Red Tape