red tape reduction

Do Small Businesses Believe the Red Tape Reduction Pledge?

Do Small Businesses Believe the Red Tape Reduction Pledge? Less than a third of small businesses believe that the Government will reduce red tape as it has pledged, Forum of Private Business (FPB) research has found. An FPB focus group of 50 small-business owners found that only 28% expected the Government to make a noticeable difference to business regulations and rules. The business group said that this was representative of a broader trend among small firms. The findings come despite the Government setting up the Reducing Regulation Committee earlier this year, which pledged to review regulation and enforce a “one-in, one-out” system to ensure that a rule is only brought in when an equally onerous law is removed. FPB research manager, Thomas Parry, said that it was surprisin... »