U.K. Business Secretary Vince Cable
plans to cut regulations on companies and vowed to scrap
thousands of health and safety inspections.
More than 3,000 rules will be scrapped or changed to make
life easier for small companies, the Department of Business,
Innovation and Skills said. Small shops, offices and bars will
be exempt from inspections and will only be liable for breaches
of health and safety rules if negligence is proven.
“In these tough times, businesses need to focus all their
energies on creating jobs and growth not being tied up in
unnecessary red tape,” Cable said in a statement released by
his office in London today.
The U.K. government is looking at ways of stimulating
growth without adding to the budget deficit as the economy
struggles to emerge from a double-dip recession. While measures
to improve supply in the economy are needed, Cable told BBC
television yesterday that demand is too weak.
The government said previously it would examine 6,500 rules
and regulations that affect companies. It plans to identify at
least 3,000 by December 2013, it said at that time.
Prime Minister David Cameron last week said he will loosen
planning rules to stimulate the construction industry.
To contact the reporter on this story:
Gonzalo Vina in London at
To contact the editor responsible for this story:
James Hertling at
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