27/01/2014

Govt To Scrap Thousands Of Small Business Regulations

The Prime Minister has told the Federation of Small Businesses (FSB) that more than 3,000 rules affecting businesses are to be dropped or changed.

The FSB heard that the move would save more than £850 million a year.

Mr Cameron is understood to have told the federation that he wanted to "get out of the way of small business success."

It is understood that thousands of pages of requirements and guidance will be scrapped in the shake-up, with David Cameron saying that his government would be the first in history to end a term in office with less regulation on the statute books than when it came into power.

(MH/CD)

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