Government urged to rethink damaging red tape
Campaigning business leader Simon Boyd has called on the government to create better regulation rather than more damaging laws.
He has written to the Secretary of State for Business and Trade Jonathan Reynolds, and copied his letter across political parties, warning that red tape is stifling SMEs’ ability to grow, deliver increased tax take to the Exchequer and drive social mobility.
Simon is managing director of Dorset-based global structural steel firm REIDsteel, a trustee of the Jobs Foundation, a non-executive director of Dorset Chamber and was South West regional chairman of Business for Britain.
His comments follow the announcement of the Employment Rights Bill in the King’s Speech introducing a host of reforms in the workplace and after Mr Reynolds defended measures to support flexible working.
Simon said: “If our government is serious about growth, it needs to stimulate the business economy.
“While blanket regulation and economic policy may be less burdensome for large businesses, multi-nationals and the public sector, SMEs suffer disproportionally.
“A one-size-fits-all approach does not work […]
