red tape and regulations

abbiefoster

“We will be the first government in modern history to have reduced – rather than increased – domestic business regulation during our time in office.”

“We have trawled through thousands of pieces of regulation – from the serious to the ridiculous, and we will be scrapping or amending over 3,000 regulations – saving business well over £850 million every single year.”

“We will help house builders by cutting down 100 overlapping and confusing standards applied to new homes to less than 10. These reforms are estimated to save around £60 million per year for home builders – equivalent to around £500 for every new home built.”

-David Cameron

the benifits of reducing red tape are so that its stops slowing the business down.

Helps hose builders by cutting down 100 overlapping and confusing standards applied to new homes to less than 10.

Make it vastly easier and cheaper for businesses…

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Cutting the red tape – Final Blog post :D D:

When it says cutting the red tape they mean to eliminate the rules and regulations that may affect trading done by business. The government chooses to cut it, so it makes small businesses have more exports and imports.

an example of this would be the UK government deciding to cut the rate of VAT to encourage firms in china to trade with businesses in England.