Kemi Badenoch yesterday announced a package of reforms to boost businessesPavement dining will become a 'permanent feature of the high street' under plans to cut red tape and make the most of 'Brexit freedoms'.
And the official definition of a medium-sized business will be doubled to those with 500 employees, removing thousands of smaller firms from onerous red tape, such as the requirement to publish 'strategic reports'. Small firms like cafes and corner shops could be permitted to 'self-certify' for some functions, meaning they would not be 'subjected to needless inspections or mandatory training courses' before they can serve customers.
She said a regulation programme introduced in the wake of Brexit had already cut 50million hours of business admin per year, saving firms an estimated £1billion.
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