Conservative plans to cut red tape burden will help business create jobs

Commenting on the regulatory reform proposals announced today by the Shadow Business Secretary at the Conservative party conference in Manchester, David Frost, Director General of the British Chambers of Commerce (BCC), said:

"This is a positive sign that the Conservatives are starting to focus on the real issues that restrict business and growth. Since 1998, regulation has cost companies a staggering £76 billion, which is clearly far too much. Addressing the mass of red tape handcuffing British business must be a priority. Given the current economic climate and the need to let business create jobs, there should be a moratorium on new employment laws.”

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Media Contact:

Sam Turvey
Tel: 020 7654 5813
Email: s.turvey@britishchambers.org.uk

Notes to Editors:

The British Chambers of Commerce (BCC) is the National Voice of Local Business.
The BCC sits at the heart of a powerful nationwide network of Accredited Chambers of Commerce serving business across the UK, which employ over five million people.