Prime Minister calls for SMB red tape to be cleared

Wednesday 29 January 2014

The Prime Minister has called for thousands of rules affecting UK businesses to be scrapped or amended.

David Cameron has told the Federation of Small Businesses' (FSB) conference that more than 3,000 rules should be dropped or changed.

This could save the private sector a combined £850 million per year, he claimed.

Mr Cameron said he wants to "get out of the way of small business success", and allow entrepreneurs to build thriving companies.

"The future of Britain's economy depends on Britain's small businesses - on those with the courage to strike out and start their own thing, who work all hours to succeed, who through love, sweat and tears make their business grow," he claimed.

"We need you to keep on creating good private sector jobs, so that more people can earn a living for their families and have financial security for the future."

Mike Cherry, national policy chairman of the FSB, said support from the Prime Minister and policymakers from all parties is "critical" to ensuring small business issues are front and centre of the economic debate.

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Posted by Dan Smith