BusinessGovernmentPolicy

Government Unveils Plan to Slash Business Regulations Amid Mixed Reactions

Ministers have pledged to cut regulatory burdens by a quarter while streamlining corporate reporting requirements. Business leaders welcome the initiative, though opposition voices question its effectiveness post-Brexit.

Regulatory Overhaul Announced

The government has committed to reducing the administrative cost of regulation by 25% before the end of the current parliamentary session, according to official statements. The initiative aims to streamline business operations and enhance economic competitiveness through significant deregulation efforts.

BusinessGovernmentPolicy

UK Government Announces Business Deregulation Push Amid Mixed Reactions

The UK government has unveiled plans to reduce administrative burdens on businesses, claiming the measures will save firms nearly £6 billion annually. Business Secretary Peter Kyle insists the approach balances worker protections with business needs amid criticism from industry groups.

Government Pushes Business Deregulation Agenda

The UK government is moving forward with significant deregulation measures aimed at reducing administrative burdens on businesses, according to reports from the Treasury. Business Secretary Peter Kyle has defended the government’s approach, telling BBC Radio 4’s Today programme that the changes would be implemented in a manner that is “pro-worker and pro-business.”