Jumat, 28 Juni 2013

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Executives join red-tape taskforce

Scissors cutting red tapeIn recent years, business criticism of the amount of regulation coming from Brussels has intensified

The UK government has recruited a team of business leaders to help it identify European regulations that need scrapping or reforming.

The group of six includes Marks and Spencer chief executive Marc Bolland, and Paul Walsh, chairman of Compass.

Business minister Michael Fallon said stripping away unnecessary regulations would help promote a pro-business culture in Europe.

The initiative was welcomed by the Institute of Directors.

Other members of the taskforce are: Ian Cheshire, chief executive of Kingfisher; Glenn Cooper, managing director of ATG Access; Louise Makin, chief executive of BTG; and Dale Murray, investor and entrepreneur.

Mr Fallon said: "The men and women I've invited to help us to identify and remove barriers to growth represent small and large businesses, established firms and start-ups.

"They have an unparalleled body of expertise and unquestionable commitment to innovation. We'll listen carefully to their recommendations and demand that the EU takes decisive steps to free up UK firms."

Business and commerce groups have long campaigned about bureaucracy and red tape, with legislation coming from Brussels a particular focus of attention in recent years.

IoD director-general Simon Walker said: "IoD members are all too aware of the heavy burden that unnecessary and poorly designed regulation can place on businesses.

"We welcome this industry-led taskforce, and hope it will illuminate the areas of European regulation which need urgent reform."



Source: BBC News - Business http://www.bbc.co.uk/news/business-23106982#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa