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Government announces 'deregulation drive' for small businesses

Business News 28 Jan 2014

The Government has announced a package of measures aimed at reducing the red tape burden for the UK's small businesses.

Speaking at a Federation of Small Businesses (FSB) conference, Prime Minister David Cameron pledged to take further action on red tape, with more than 3,000 rules to be scrapped or amended.

Business groups have broadly welcomed the announcement, with the British Chambers of Commerce acknowledging the progress made on domestic regulations, but calling on the Government to include tax changes and EU regulations in its 'one in, two out' policy for new regulations.

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