Cutting red tape to boost business growth

Oct 03, 2012

The Department for Business Innovation and Skills recently issued a press release advising that over 3,000 regulations are due to be scrapped entirely or overhauled in a bid to cut red tape and boost business growth in Britain.  This follows on from the Red Tape Challenge which included employment tribunal reforms and is expected to deliver £40 million of savings per year to employers.

The Business Secretary Vince Cable said "In these tough times, businesses need to focus all their energies on creating jobs and growth, not being tied up in unnecessary red tape. I've listened to those concerns and we're determined to put common sense back into areas like health and safety, which will reduce costs and fear of burdensome inspections."

From April 2013 the Government intends to introduce legislation that will exempt hundreds of thousands of businesses from regular health and safety inspections; they will only be necessary in high risk areas such as mining and construction or where companies have had an incident or a record of poor performance.

Additionally, the Government will introduce legislation next month to ensure that businesses will only be held liable for civil damages in health and safety cases if they can be shown to have acted negligently. This will end the current situation where businesses can automatically be liable for damages even if they were not actually negligent.

See more at: http://news.bis.gov.uk/Press-Releases/Government-red-tape-blitz-to-boost-business-growth-67fc9.aspx