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.

Advertisement

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.