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Small firms 'will welcome moves to reduce red tape'

Date Added: 31/03/2011  

The coalition government's move to cut the amount of red tape faced by small businesses is likely to be welcomed by bosses.

Chris Fletcher, deputy chief executive and policy director at the Greater Manchester Chamber of Commerce, stated that a promise to exempt new firms for three years from regulation is something business groups have been advocating for a long time.

"It is crucial that businesses get as much help, support and space as possible to focus on growth," he said.

"We see this announcement as being a crucial part in making that happen."

Mr Fletcher added that certain policies mooted by the coalition government - such as a removal of rights to request flexible working - are concerning, however.

He pointed out that this could make it harder for some small businesses to employ new staff.

John Cridland, the director-general of the Confederation of British Industry, recently praised the chancellor George Osborne for his Budget speech, claiming it will help to boost growth.

Posted by Michael Beam  

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