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Wednesday, 2 December 2009

Shadow Business Minister meets with Chamber members


The Shadow Minister for Business, Enterprise and Regulatory Reform John Penrose met with Chamber members yesterday to listen to their views and discuss his party’s plans to cut red tape.

Mr Penrose attended the meeting hosted by Greater Manchester Chamber of Commerce, where he was quizzed over his plans on how the regulatory burden for business could be reduced.

He said: “We are at a stage where we are trying to recover from the biggest recession in living memory. Wouldn’t it be better to rebound from recession without all that dead weight dragging us down?”

Mr Penrose laid out his plans for reducing red tape, including introducing a system where government departments would be required to implement regulatory cost cuts at least equal to the new legislation they were proposing.

He said: “We want to apply this to every quango in the country. They will have to come before parliament and justify their existence.”

Mr Penrose informed the group that under his plans, every new law would be assessed after three or five years.

And he proposed that every year, groups such as the British Chambers of Commerce would be asked to propose the 10 most ineffective business laws, which would then be examined to see if they could be reformed.

Chris Fletcher, Deputy Chief Executive and Policy Director said: “It was a great opportunity for Chamber members to meet with the minister and make their views known.

“Much of what was proposed makes sense, and seemed to be welcomed by local businesses. However, the key will be whether the Conservatives can make these proposals a reality if they come into power.”

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