Govt claims £1bn of red tape savings

Posted on 19 Dec 2013 by Tim Brown

In its latest six-monthly update on regulation, released yesterday, the Government has claimed it has saved businesses more than £1bn through its drive to eliminate unnecessary red tape.

The Statement of New Regulation details all regulation, including EU measures, which is expected to come into force between 1 January and 30 June 2014, as well as all regulation removed – including under the government’s One-in, Two-out rule and the Red Tape Challenge. The Statement confirms that the government has reduced the net annual…

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