BUSINESS secretary Sajid Javid last Thursday (16) launched a review into reducing red tape in five sectors – a proposal aimed at helping businesses save £10 billion over the next five years.
Under the New Cutting Red Tape programme, businesses in the energy, waste, agriculture, care home and mineral extraction sectors will be asked to flag areas for change.
Javid (pictured, right) said: “For the first time, these reviews will look not only at the rules themselves, but the way they are enforced. We want firms to tell us where red tape is holding them back and help us make Britain the best place in Europe to start and grow a business.”
In some instances, businesses have said, complying with the way regulation is implemented is an obstacle. Companies in the agriculture sector spend over £77 million a year on average and lose 1.7 million working hours while complying with often duplicated information checks.
When it comes to care homes, local authorities, the Care Quality Commission and Clinical Commissioning Groups can ask for similar information and carry out similar inspections, thus diverting attention away from actually caring for residents.
Javid said: “I am determined to take the brakes off British businesses and set them free from heavy-handed regulators. The government’s pledge to cut £10 billion in red tape over the course of this parliament will help create more jobs for working people, boost productivity and keep our economy growing.”
Businesses can feed back their thoughts by posting on the Cutting Red Tape website: www.cuttingred- tape. cabinetoffice. gov.uk/