Research carried out by YouGov for Zurich shows that 70% of 'senior decision makers' from Small or Medium Size Businesses (SME's) support today's announcement to cut red tape. Richard Coleman, Director of SME at Zurich Insurance said:
While most businesses would accept there’s a vital need for regulation in areas such as health and safety, UK SMEs are clearly looking for simplification to focus on what they do best - fuelling economic growth.
The fact that SMEs tell us this concerns them more than access to finance is a clear indicator that they still feel over-burdened by red tape.
More top news
Britain's youngest MP in 350 years said that the Commons still has a 'boys club atmosphere' which is 'alive and well'.
The National Lottery is upping the number of balls from 49 to 59, a move statisticians point out will make hitting the jackpot harder.
The Tory peer and former Marks & Spencer chief has been named as chairman of the 'In Campaign'.