Business News
Balreed helps to make the Governments regulatory “Freedom Day” a success
Monday 07. October 2013 - Business Minister Michael Fallon today announced good news for the growth prospects of UK companies as more common sense cuts to red tape are implemented. "Freedom Day" has been developed to give hard-pressed UK businesses the regulatory breathing space to grow and create jobs.
The reforms coming into force as of 1st October 2013 are part of the government’s drive to make the UK the best place to start and grow a business. They respond directly to issues raised by business, including through the Red Tape Challenge, which invites firms to give their views on which regulations should be removed or improved.
Business Minister Michael Fallon said: “For small firms, less time spent filling in forms means more time planning the next project, winning the next contract or looking for the next young recruit.
“Reducing government interference is improving Britain’s international reputation as a low-regulation, pro-business nation, but more must be done. To give our firms the best chance of winning on the global stage, we will press for more cuts in red tape in Europe, as well as at home.”
The Red Tape Challenge offered a chance for Kent based Balreed Digitec to add their considerable private sector knowledge and experience to discussion of what regulations should stay and which should go.
Gary Downey, Group Marketing Director, Balreed Digitec Ltd said: “Simpler Health and Safety rules mean we can focus on growing our business and supporting our clients. The reduced requirements of Health and Safety legislation will enable us to become more efficient by reducing the cost and burden of compliance.”
The government wants to make the UK the best place to start and grow a business. In the autumn it will launch a public campaign to celebrate GREAT British business success stories. The government wants to inspire other small businesses and point them towards the support that can help them grow. It will also launch a new strategy for how the whole of government will back them. This will set out a range of measures to continue helping budding entrepreneurs and existing businesses succeed.