Red Tape
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Asked for further details regarding the Prime Minister’s announcement on cutting red tape for businesses, the PMOS replied that we had said that we were going to set a target for each department to cut regulation by 25% by 2010, and today, the plans for each department would be published. The PMOS said that simplification plans contained over 500 initiatives which would deliver more than £2 billion worth of savings on admin costs for businesses and third sector organisations. Today was only the start, but people could view the plans set out for each department. The Prime Minister was hosting an event today with Pat McFadden, which would be a round table discussion, and there would be individuals attending from the voluntary sector and regulators.
Briefing took place at 11:00 | Search for related news
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