Rising red tape is still a major burden for business
outh West companies continue to suffer from the rising burden of Red Tape, despite successive Governments’ promises to cut it. More than half the region’s owner-managed businesses (56%) saw the cost of handling Red Tape increase by more than £5,000 over the previous year, while more than a third (38%) of business owners now have to spend a day each week dealing with it. These were among the main findings of the latest ‘Red Tape
S
Watchdog’ survey conducted by regional accountants Bishop Fleming. Managing Partner Matthew Lee said: “Despite Gordon Brown’s earlier promise to deliver a ‘bonfire of Red Tape’, and Vince Cable’s more recent promise to attack the welter of regulations, none of our survey respondents reported a reduction in the time or cost of handling Red Tape.”
At a time when the Coalition Government has launched a debate on reducing employment tribunal pressures on employers, the majority of respondents (69%) identified employment regulations as the Red Tape they would most like to see abolished or simplified, explained Mr Lee. He said: “Given the Government’s declared acknowledgement that Britain’s economic recovery depends on the ability of small companies to thrive and provide new jobs, this message is crucial. Those smaller companies, the core drivers of our national economy, do not have Human Resources departments to cope with the plethora of employment Red Tape.”
ADVICE & INFORMATION Get management
training for free Thousands of pounds’ worth of free management training is being offered to companies across the South West. Inspiring Business
Performance (IBP) has teamed up with ManagersPitStop to make the training - which would normally cost around £200 per person - available free to managers, business leaders, human resources professionals and individuals. Available as bite-sized
‘Britain’s economic recovery depends on the ability of small companies to thrive’
audiovisual online tutorials that last between five and 25 minutes, the training covers recruiting, coaching and managing people. John Telfer, Managing Director of IBP, said: “The advantage of online training is that it can be carried out at the user’s convenience at any time of the day. We know people are extremely busy and can’t necessarily afford to spend a whole day, or even half a day, out of the workplace, but these tutorials can be viewed for just a few minutes at a time.”
Matthew Lee
For more information visit
www.ManagersPitStop.com
Business West Update JANUARY/FEBRUARY 2012
9
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