arculus review

Red Tape & The Arculus Review

Red Tape & The Arculus Review

Both businesses and the public sector, now more than ever, need relief from unnecessary regulatory burdens, according to the Institute of Chartered Accountants in England and Wales (ICAEW). It follows the publication on Wednesday of The Arculus Review, a report on how to reduce the regulatory burden on business, commissioned by the Conservative Party. The report, written by David Arculus, a former government advisor on red tape, recommends cutting redundant regulators and reducing the cost and flow of new regulations. Recommendations also include imposing regulatory budgets on Whitehall departments and subjecting 150 regulators to a review. Clive Lewis, Head of SME Issues at the ICAEW, said on the proposals in the report: “Parliamentarians should commit to the Arculus proposals for a... »