
Making it Simple is Saving Businesses Nearly £3 Billion
Businesses are saving nearly £3 billion a year due to the Government’s Simplification programme which aims to get rid of unnecessary paperwork - saving firms time, money and hassle - according to the latest report published today.
The summary report, published by the Better Regulation Executive, detailed how more than 280 changes to regulations have helped save UK businesses around £2.9 billion a year so far. New simplifications introduced in the last 12 months, which have made life simpler for businesses, include:
-creating a more flexible way for employers and employees to resolve disputes at work;
-no longer testing every spirit optic; and
-digital tachographs for HGVs.
“Simplification is making a real difference to the everyday lives of businesses, helping to make things as simple as possible, saving more than £8 million a day, every day.
“Individual measures may look small but it is overall impact that adds up to real savings. And support from the business community has helped make sure that savings to businesses are felt on the ground.
“But the programme also shows real change across government in its attitude towards regulation. Delivering the right business environment to promote growth relies on creating a flexible regulatory framework that minimises costs to business but ensures essential protections and rights are in place. Better regulation, with simplification at its core, is making that possible.”
Minister for Business and Regulatory Reform
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