FSB wel­comes plans to cut red tape

The Peterborough Evening Telegraph - - ET business Daily - By JOHN KRALEVICH john.kralevich@pe­ter­bor­oughto­day.co.uk

THE Fed­er­a­tion of Small Busi­nesses (FSB) has wel­comed Govern­ment plans to re­duce reg­u­la­tion, fol­low­ing the Prime Min­is­ter’s re­cent com­mit­ment to “re-open Bri­tain for Busi­ness”.

The an­nounce­ment was made by Busi­ness Sec­re­tary Vince Cable and Chris Spies, FSB Peter­bor­ough branch chair­man, said: “Gov­ern­ments have talked grandly of re­duc­ing reg­u­la­tion on busi­ness in the past. This is the first tan­gi­ble pro­pos­als of how that is to be achieved.

“This is a very en­cour­ag­ing start, but the proof of the pud­ding will be in the eat­ing.

“The new coali­tion govern­ment is cer­tainly mak­ing the right noises about re­duc­ing reg­u­la­tion, an is­sue which FSB re­search has proved to be so very dam­ag­ing for small busi­nesses.

“I look for­ward to the new Cabi­net Star Cham­ber mak­ing a real dif­fer­ence and cer­tainly wish them well in their en­deav­ours.”

Mr Spies added: “Small busi­nesses are the en­gine room of the econ- omy and will pro­vide the new jobs which are so ur­gently needed.

“They must not be bound up in red tape and un­able to pro­vide the es­sen­tial growth which our econ­omy needs.”

Mr Cable an­nounced a new Cabi­net Star Cham­ber tasked to lead the govern­ment’s drive to re­duce reg­u­la­tion which is sti­fling growth, es­pe­cially of small busi­nesses.

Also an­nounced was an im­me­di­ate re­view of all reg­u­la­tion which is in the pipe­line for im­ple­men­ta­tion which has been in­her­ited from the pre­vi­ous Govern­ment and is the first task for the new Star Cham­ber.

en­cour­aged: The FSB’s Chris Spies is look­ing for­ward to the Star Cham­ber mak­ing a “real dif­fer­ence”.

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