Taxi Driver Online

Business Secretary Vince Cable today announced an action plan to bring an end to the excessive regulation that is stifling business growth.
2.6.2010
He detailed the first phase of the Coalition Government’s action plan to reduce regulation following the Prime Minister’s commitment last week to “re-open Britain for business”.
The action plan:
· Creates a new Cabinet “Star Chamber” that will lead the Government’s drive to reduce regulation which is stifling growth, especially of small businesses. This Reducing Regulation Committee will be chaired by the Business Secretary and will enforce a new approach to new laws and regulations, ensuring that their costs are being properly addressed across the entire British economy.
· Announces an immediate review of all regulation in the pipeline for implementation which has been inherited from the last Government. The cost of implementing this amounts to £5bn annually before April 2011 and £19.1bn per annum thereafter. This will be the first action for the new Cabinet committee.
· Establishes a new “challenge group” to come up with innovative approaches to achieving social and environmental goals in a non-regulatory way. This team would work with experts including Richard Thaler, the US behavioural economist.
· Introduces a new approach that will control and reduce the burden of regulation. A “one-in, one-out” approach, designed to change the culture of government, would make sure that new regulatory burdens on business are only brought in when reductions can be made to existing regulation.

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Justice for the 96. It has only taken 27 years...........repeat the same lies for 27 years and the truth sounds strange to people!

I wonder if that means new regulation will be postponed until reviewed or will it simply mean a quick review just as it is implemented and only stopped if they think it is seriously flawed

Also does it include new legislation that is in the pipeline which would have an effect on the regulation of businesses or is that one and the same thing

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Note to self: Just because it pops into my head does NOT mean it should come out of my mouth!!

Isn't the biggest regulation sec 16 of the 1985 Act.

Are there many in the cab trade in favour of that going?

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IDFIMH

Britain will never be to cut the excessive regulations which chokes most business ventures in their infancy until they either leave or face down the EU where 90% of this enforced Sh*te originates from...