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Cable vows to cut back red tape

Hundreds of thousands of businesses are to be exempted from health and safety inspections under moves announced by Business Secretary Vince Cable today.

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Cutting 'unnecessary regulation' will help small businesses

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.

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