Less Red Tape Ahead?

Posted: Thursday, 9 October 2008 @ 18:00

Government plans to cut the cost of red tape must be welcomed by business owners, surely?

The proposals are that budgetary ceilings are set on the amount of regulation that can be introduced by individual departments.

Under the plans, a rolling budgetary limit will curtail the costs of new regulation from next April (2009). Government departments will be allowed to offset the cost of any new rules with savings made by reducing the existing regulatory burden and by trading with other departments. That’ll be interesting to see; I can just imagine the bargaining between the Department of Work and Pensions and the Department for the Environment now.

With clients I advise concerning regulatory matters, there seems to be more and more legislation and red tape, what with EU rules, industry-specific regulations and so on. Getting to grips with all of this can be a nightmare – so let’s hope the Government’s plans for simplification really do come to fruition.

Gary Cousins, Business Lawyer

For free advice on this topic please call us on 0845 003 5639.

Blog by Gary Pascual
Gary has been providing legal advice to shareholders, directors and business owners for over 25 years. Specialising in dispute resolution Gary is based in Birmingham with clients throughout the UK and overseas. View profile
Call Gary on +44 (0)121 778 3212 or by email
This blog is not intended to constitute legal advice, nor is it intended to be a complete and authoritative statement of the law, and what we say might be out of date by the time you read it. You should always seek legal advice to confirm whether or how any information in this article applies to your particular situation. We offer a free telephone consultation to discuss your particular circumstances.

Comments

  • There are no comments for this page - click here to be the first

Need legal advice for your business? We can help

Directors

Directors
Practical advice and legal support for company owners and directors.

Disputes

Disputes
In dispute with a customer or supplier? Get practical advice and support.

Your legal advisor

Your legal advisor
Board level legal advice without the costs of an in-house lawyer.

Speak to a lawyer

Speak to a lawyer
Cousins Business Law excels at demystifying potentially complex legal areas for small business owners
Simon Moore, MD Moore News Ltd

Get legal updates

Enter your email address to receive our monthly Blog Newsletter


We will keep your email safe in accordance with our privacy policy.

Get the FREE definitive guide to solving business disputes

Posts by author

Speak to a lawyer

Get legal updates

Enter your email address to receive our monthly Blog Newsletter
The Law Society
Top