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Bureaucracy and red tape 'harming job creation at SMEs'

Date Added: 25/05/2011  

Bureaucracy and red tape is standing in the way of small to medium-sized enterprises that want to create new jobs, according to a recruitment agency.

Charles Logan, director of Hays UK, stated that although the latest figures show a drop in unemployment, there is still a long way to go.

He explained that despite the fact some firms in the private sector have been able to create new openings, there have been large scale job losses in the public sector.

"In order for our economy to recover, the government has stressed the need for private sector job creation to placate public sector job losses," said Mr Logan.

"Most of this is expected to come from small and medium-sized enterprises."

But he pointed out that red tape is preventing many small companies that want to create jobs from being able to do so.

Mike Hawkes, chairman of the Mobile Data Association, has urged businesses to look to mobile contactless payments as a way to boost sales, as this sector is likely to be boosted soon.

Posted by Miles Pritchard  

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