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Wednesday 17 October 2012

Cutting The Fat

Earlier this week, I wrote about the burden on business of over-regulation. I suggested that rather than tinker around the edges by getting rid of minor regulations, it would be preferable instead to tackle the problem head on. Why not as a starting point take a mammoth piece of legislation like the Companies Act 2006, which runs to 1,300 sections and challenge how much of it is really required. Take a scythe to it in fact.

Of course, you might say that this is easier said than done. Well so it is, but I mean to try.

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