Commenting on yesterday’s announcement on the independent scrutiny of regulations affecting challenger businesses by Business and Enterprise Minister Michael Fallon, Caroline Williams, CEO Norfolk Chamber of Commerce said:
“Ensuring that innovative, growing businesses are not hampered by burdensome red tape is a step in the right direction. Independent scrutiny of outdated regulations is vital if we are to help ground-breaking companies in Norfolk thrive. The Norfolk Chamber supports the call for the role of the independent Regulatory Policy Committee to be strengthened, to ensure regulations that hamper business growth are fully analysed.
“These changes must, however, form part of a wider deregulation package that reduces the burden of red tape for all companies. Only significant deregulation, both domestically and in Europe, will give businesses the confidence to grow, innovate and create employment in the long-term.”
