Online News - Business News - Date: January 2008
Proposed Cuts in 'Red Tape'
According to a government report, cuts in ‘red tape’ are
saving UK businesses and third sector organisations more
than £800 million per year.
The report, ‘Delivering Simplification Plans’ outlines
more than 280 government initiatives to tackle ‘red
tape’. The report is wide ranging and covers almost
20 departments and agencies. The government aims to hit
its goal of saving businesses and the third sector over £3.5
billion in administrative costs by 2010.
Secretary of State for the Department for Business, Enterprise
and Regulatory Reform, John Hutton, said:
‘Today's plans demonstrate we are making significant headway on what
is a difficult and challenging agenda.
By tackling redundant regulation we are making a difference to the way people run their businesses and in their everyday lives.’
Internet Link:
Press release and Plans for simplification
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