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.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Pavement dining to become a 'permanent feature of the high street' as Business secretary Kemi...Plans unveiled by the Business Secretary include proposals to remove regulations that make it hard for pubs, restaurants and cafes to get permission to serve customers outside.
Source: DailyMailUK - 🏆 7. / 90 Read more »
Rachel Reeves hints Labour's 'anti-business' workers' rights plans could be watered downRachel Reeves stressed that the New Deal for Working People measures will be subject to consultation, and there will not be a total ban on zero hours contracts.
Source: DailyMailUK - 🏆 7. / 90 Read more »
Rachel Reeves hints Labour's 'anti-business' workers' rights plans could be watered downRachel Reeves stressed that the New Deal for Working People measures will be subject to consultation, and there will not be a total ban on zero hours contracts.
Source: DailyMailUK - 🏆 7. / 90 Read more »
Fylde Coast wind farm plans could tear through business and land, objectors say'I explained I have to sleep with my bedroom window open all year round for my chest. I said 'how am I going to do that when there's a buzzing noise all the time?''
Source: LiveLancs - 🏆 10. / 87 Read more »
NI teen plans recipe book launch after creating successful bakery businessOllie Anderson has been blown away with the success of his business Ollie's Patisserie - which he started at just 14 years old
Source: BelfastLive - 🏆 16. / 77 Read more »
Business & Consumer news Scotland, UK & world - The Daily BusinessCatch up on the latest business news. Reports on business in Scotland, UK and world business. Essential news on businesses and business people
Source: Daily_Record - 🏆 9. / 89 Read more »