BCC: A step forward
Dr Adam Marshall, director of policy and external Affairs at the British Chambers of Commerce comments on regulatory reform:
“We commend the coalition for its efforts to reduce the regulatory burden that all too often holds back business growth. Announcements on ‘one-in one-out’ rules for new regulations, together with stronger scrutiny of both domestic and EU regulatory proposals, are a step forward.
“The regulatory policy committee has already made a real difference – holding Whitehall departments to account by rigorously assessing proposed regulations. At a time when business needs every chance it can get at driving economic growth, the beefed-up role for the committee is essential.
“In Brussels, improving UK engagement at an earlier stage of EU law making will mean that UK plc has a much better chance of cutting off damaging regulation before it hits businesses, rather than closing the stable door after the horse has bolted.
“Now that the new administration’s regulatory mechanics have been announced, they must show tangible results – so that businesses can see the benefits as soon as possible.”
