Red tape failures are lamentable
Successive British Governments over the past 20 years have failed to reduce regulations for businesses, a new report claims.
The study, 'Deregulation or déjà vu? UK deregulation initiatives 1987/2006', was put together by the London Business School and the Manchester Business School, and published by the British Chambers of Commerce (BCC).
It says there has been a "lamentable" failure to cut red tape by both Conservative and Labour administrations, despite 15 deregulation initiatives since 1985.
Sally Low from the BCC said:
"Announcements and initiatives have not been followed through with action. Instead it appears yet more red tape has been foisted upon business, hindering the competitiveness of the UK in the global economy."
