This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

Vince Cable pledges to tackle red tape issues for British business

09 August 2010

Business secretary, Vince Cable (pictured) has announced a package of measures to support the drive to tackle unnecessary government interference and red tape. Under the terms of a new One-in, One-out system (beginning September 1 2010), when ministers seek to introduce new regulations that impose costs on business or the third sector, they will have to identify current regulations with an equivalent value that can be removed.

The new rule has been designed to apply initially to domestic legislation affecting businesses and the third sector, with ministers intending to expand the system in due course. The Government has also agreed a set of Principles of Regulation that its departments must apply when considering new regulations impacting upon business, social enterprises, individuals and community groups.

The independent Regulatory Policy Committee has been asked to perform the role of externally scrutinising the evidence and analysis supporting new regulatory proposals, prior to policy decisions being made. It will also analyse proposals for the implementation of EU legislation. In doing so, the RPC will help drive up the accuracy and quality of Impact Assessments.

The public and businesses have also been invited to tell the government which onerous regulations they believe should be removed or changed through the 'Your Freedom' website, launched in July by the Deputy Prime Minster.

Contact Details and Archive...

Print this page | E-mail this page