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East Midlands Chamber News

Working to cut red tape

More than 70 people took part in an event designed to improve relations between businesses and regulators.

Surveys have shown that the burden of red tape is one of the biggest bugbears of business.

Small firms find managing bureaucracy a bigger burden than larger companies as they often do not have the resources to employ staff specifically for the role or the time to cope with the plethora of paperwork demanded.

The aim of the meeting on Wednesday, organised jointly by DNCC and D2N2 – the Local Enterprise Partnership – was to get bosses and regulators together to begin to find ways of cutting red tape.

George Cowcher, Chief Executive of Derbyshire and Nottinghamshire Chamber of Commerce, said: “The volume and complexity of regulation inhibits smaller firms in particular from recruiting, investing and expanding at a time when business is expected to lead the economic recovery.

“It is imperative that owners and managers in small and medium sized enterprises should not be disadvantaged by having to manage the same level of red tape paperwork that a larger firm can employ additional resource to manage.

The meeting at the Derby Conference Centre was a productive session in which the regulators were able to interact with businesses, allowing them to examine the logistical impact of regulation on firms on a day-to-day basis.

Among the regulators represented were ACAS, the Health and Safety Executive, Food Standards Agency, Licensing, and Trading Standards.

The aim of the session was to pilot a Government scheme entitled Better Business for All, which the Better Regulation Delivery Office hope to roll-out across Derbyshire and Nottinghamshire – through the LEP – following its successful delivery in Leicestershire.

Workshops were arranged so that the two sides could better understand one another and help to create a ‘single point-of-contact’ wherever possible in which businesses could access advice and guidance in order to fulfil their regulatory obligations.