Feeds

UK claims millions saved by scrapping redundant regs

Issues redundant report on the redundant regulations

Build a business case: developing custom apps

The government claimed today that its red tape reduction drive is already saving UK businesses £800m a year.

The savings were detailed in a report which claimed the government is on the way to saving businesses and the third sector £3.5bn per year in admin costs by 2010.

It details ways the government is cutting the burden on businesses, including halving the number of health and safety forms they have to fill in, speeding planning consents, and releasing 60,000 firms from the obligation to appoint a company secretary. That last one apparently saves British businesses £450,000 a year – overall sadly, not each.

In fact, the government claims it has over 280 initiatives underway to tackle red tape, or as it puts it, one for every working day of the year. It doesn't seem to detect any irony in this bit of civil service fine detailing, or in the fact that it has produced a 44 page report on progress in cutting red tape and the overall administrative burden, detailing more regulations which have now been scrapped.

So far, the business community seems unimpressed by Whitehall's efforts to relieve executives' of their administrative burden.

Just last week the CBI said red tape, along with a creaking transport infrastructure, were the two biggest threats to business. Meanwhile, the Treasury's efforts to relieve the administrative burden associated with Capital Gains Tax - by scrapping taper relief and bringing in a flat rate – continue to rankle with entrepreneurs who will end up paying more tax when they cash in their businesses. ®

Build a business case: developing custom apps

More from The Register

next story
iPad? More like iFAD: We reveal why Apple fell into IBM's arms
But never fear fanbois, you're still lapping up iPhones, Macs
Sonos AXES support for Apple's iOS4 and 5
Want to use your iThing? You can't - it's too old
Amazon says Hachette should lower ebook prices, pay authors more
Oh yeah ... and a 30% cut for Amazon to seal the deal
Philip K Dick 'Nazi alternate reality' story to be made into TV series
Amazon Studios, Ridley Scott firm to produce The Man in the High Castle
Too many IT conferences to cover? MICROSOFT to the RESCUE!
Yet more word of cuts emerges from Redmond
Joe Average isn't worth $10 a year to Mark Zuckerberg
The Social Network deflates the PC resurgence with mobile-only usage prediction
Chips are down at Broadcom: Thousands of workers laid off
Cellphone baseband device biz shuttered
Feel free to BONK on the TUBE, says Transport for London
Plus: Almost NOBODY uses pay-by-bonk on buses - Visa
Twitch rich as Google flicks $1bn hitch switch, claims snitch
Gameplay streaming biz and search king refuse to deny fresh gobble rumors
prev story

Whitepapers

Implementing global e-invoicing with guaranteed legal certainty
Explaining the role local tax compliance plays in successful supply chain management and e-business and how leading global brands are addressing this.
Consolidation: The Foundation for IT Business Transformation
In this whitepaper learn how effective consolidation of IT and business resources can enable multiple, meaningful business benefits.
Backing up Big Data
Solving backup challenges and “protect everything from everywhere,” as we move into the era of big data management and the adoption of BYOD.
Boost IT visibility and business value
How building a great service catalog relieves pressure points and demonstrates the value of IT service management.
Why and how to choose the right cloud vendor
The benefits of cloud-based storage in your processes. Eliminate onsite, disk-based backup and archiving in favor of cloud-based data protection.