Government efforts to cut red tape should be targeted at businesses most over-taxed and over-regulated, like hospitality.
The Chancellor has announced an action plan to cut the administrative cost of regulation on business, as well as meeting regulators to put the plan into action.
Our response
Kate Nicholls, Chief Executive of UKHospitality, said: “A plan to cut red tape and reduce the burden on businesses is long overdue.
“In sectors like hospitality, businesses have been struggling with too much cost and too many regulations for decades, and it has held back growth.
“If we want to kickstart the economy, deregulating those already over-stretched sectors should be the focus. This should include a review of upcoming legislation, like the ill-thought through Extended Producer Responsibility scheme.
“Rewiring the nation’s regulators to perform more effectively is critical, and this should include a pivot to help businesses reduce costs, ensure proportionate competition in the market and taking a more common-sense approach to assessment and enforcement of regulation.”
