Red tape cull 'will help businesses thrive'

Reducing red tape needs to be a priority for the current government if smaller businesses are to thrive and bolster the economy, according to an expert.

Prof Joshua Bamfield, director of the Centre for Retail Research, believes that small companies are required to conform to too many regulations.

The message to companies using sales recruitment is that the coalition government needs to attempt to succeed where other administrations have failed and end the unnecessary and restrictive bureaucracy.

"Under Labour plenty was gotten rid of, but then just replaced. Most businesses would say to you, let’s compile the three-hundred most inconvenient modes of red tape, and get rid of them – then replace them with something more simple," he said.

Kevin Green, chief executive of the recruitment and employment confederation, said that the recent scrapping of the planned hike in national insurance contributions will not make creating new sales jobs more expensive.

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Posted by Wayne Bly and John Oak

Filed: 28-05-2010