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Business reforms 'ineffective'

Business leaders say government reforms such as reducing red tape and simplifying employment law have been ineffective. A study also shows serious concern that the recession will continue for the rest of the year.

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Government 'committed' to strong, sustainable growth

The government says it has set out a comprehensive strategy which aims to achieve strong, sustainable and balanced growth. In a statement it said:

"Savings to business from cuts in regulation have outweighed the costs of new domestic regulation by more than £850m and reform of labour laws has already led to an increase in the qualification period for unfair dismissal and reform of employment tribunals.

The financial district of London Credit: Press Association

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