Business Secretary Vince Cable has announced an immediate review of 200 regulations that have yet to come in force and will cost £19bn to implement.
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”. In addition to the new regulation review, the action plan involves the creation of a new Cabinet “Star Chamber” that will lead the Government’s drive to reduce regulation which…
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