EEF comments on Government's vow to cut red tape by £10 billion
09/03/2016 MAKE UK
Commenting on the Government's announcement that it will cut a further £10 billion of red tape, Tim Thomas, Director of Employment and Skills Policy at EEF, the manufacturers' organisation, says: "This confirmation by the Secretary of State that the government will find £10 billion of savings in this Parliament from cutting red tape on business will receive a mixed reception from UK manufacturers.""Whilst they will firmly support the ambition, many will be left wondering why the big ticket items - the National Living Wage and Apprenticeship Levy to name two - won't be counted towards the target. To make the target meaningful, and one that will make a noticeable difference to manufacturers, the better regulation net needs to be cast much wider than has been signalled."
"Carving out the main additional business costs, that will bear down heavily on business in the near and medium term, will lead manufacturers to doubt the government's commitment to genuinely reducing the cost and burden of business regulation."
For more information, please contact:
EEF
Broadway House
Tothill Street
London
SW1H 9NQ
Tel: 020 7654 1530
Email: jganly@eef.org.uk
Web: www.eef.org.uk
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