UK Government to free business from red tape

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In a speech in mid March to the Federation of Small Businesses in Liverpool, Mark Prisk (Minister of State for Business and Enterprise) revealed Business Secretary Vince Cable’s (who was recalled to a meeting at 10 Downing Street) plans for a range of measures to be included in the Growth Review that will allow businesses to grow, including:

• a public audit of almost 22,000 statutory instruments that are currently on the statute book; and

• a moratorium to exempt businesses with fewer than ten employees and genuine start-ups from new domestic regulation for three years.

Philip Henson, Partner, and head of employment law @ Bargate Murray solicitors reviews the plans.

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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.

© PHILIP HENSON, DKLM LLP | Attorney Advertising

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