“One-in, one-out” System Aims to Reduce Red Tape

more+
less-

The Government has announced details of its new “one-in, one-out” approach to regulation as part of a ‘comprehensive package of measures’ designed to cut red tape and bureaucracy. As of 1 September 2010, Ministers will not be able to implement new business regulations unless they can identify existing regulations with an equivalent cost to be removed. A panel of business experts will also scrutinise all new legislation before it is introduced, in an attempt to reduce the red tape ‘burden’ that UK businesses face. It is estimated that regulation cost UK firms £88.3 billion last year.

LOADING PDF: If there are any problems, click here to download the file.


DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Amy Crabtree | Attorney Advertising

Written by:

more+
less-

Amy Crabtree on:

Reporters on Deadline

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×
Loading...
×
×