Regulations

A new survey has revealed that for many firms delays in invoice settlement are on the increase, while the reduction of the VAT rate has not been effective in tackling the downturn in business.

The cumulative cost to Europe’s businesses of the various regulations and rules with which they must comply amounts to €1 trillion over the past 11 years, it has been claimed.

The government has unveiled the introduction of a new ‘fit note’ scheme aimed at encouraging employees to stay in work rather than join the long-term sick.

Laws that allow employers to oblige employees to retire at 65 should be scrapped.

The lack of a proper relationship between the UK’s regulatory system and that of the EU is compromising the competitiveness of British businesses, it has been claimed.

Syndicate content