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Article: Chancellor's regulatory measures swamp businesses with more red tape.
- Article from:
- Daily Mail (London)
- Article date:
- December 6, 2005
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Byline: Ruth Sunderland
Dec. 6--Businesses are still swamped with red tape despite Gordon Brown's efforts to scrap unnecessary regulation, lobby groups said last night.
The Chancellor, who has long been at pains to stress his credentials as a proenterprise reformer who is freeing business from the stranglehold of bureaucracy, announced more measures yesterday.
But he has still failed to win over firms. Bill Midgley, president of the British Chambers of Commerce, said: "The cost of regulation on business is rocketing, with our figures showing an additional cost of nearly [pounds sterling]40bn since 1998 which is damaging our businesses" ability ...