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Cut the red tape
Cut the red tape that stops businesses from growing
Liberal Democrats will slash the red tape, bureaucracy and over-regulation that are holding British businesses – especially small businesses – back. We will start with these three measures:
- No new regulation will be passed until a full assessment of its costs and necessity is published.
- New regulations affecting business will automatically be scrapped unless Parliament specifically approves their renewal after a period specified in a ‘sunset clause’.
- Endless visits by all sorts of inspectors will be replaced in most cases by one all-purpose inspection.