New red tape rules must be backed by real culture change

The Forum of Private Business welcomed the Government’s announcement that a ‘one-in, one-out’ regulatory system in order to stem the growing burden of red tape on small firms.

The new system is part of a package of measures the Government hopes will create a culture of ‘regulation as a last resort’. it will be overseen by a strengthened Regulatory Policy Committee tasked with scrutinising proposed regulations and the implementation of EU legislation in advance of policies being formed.

Last year, the Forum’s ‘Cost of Compliance’ survey revealed that 81% of businesses surveyed believed the existing regulatory framework was not robust, unrealistic and unfair.