Lowering costs and clipping the red tape

first_imgTheConservative Party intends to slash business red tape by introducing aderegulation commission and resisting further European Union directives.Ifelected, the Tories would introduce a new body that would closely monitor andrestrict the costs of regulation.ShadowTrade and Industry Secretary David Heathcoat-Amory said, “Managers need tobe able to manage, so we need to get business costs down and clip red tape.”Wewant well-paid staff in secure employment, but realise that can’t be done bypassing a law. It has to be achieved by promoting the competitiveness andproductivity of British businesses, which are now more than ever exposed to thechill winds of international competition.”AConservative government would change the UK’s relationship with the EU. Itwould not ratify the Nice treaty and would insist on keeping a national veto onEuropean legislation.”TheEU economic model is characterised by a high level of so-called employment and socialprotection, but in fact it has led to high unemployment and the loss ofinternational competitiveness,” said Heathcoat-Amory.Thepromotion of business competitiveness is a key Conservative promise.Heathcoat-Amory claimed the productivity gap as measured by output per workerhad widened between the UK and France, Germany and America since 1997.Hesaid, “We would adopt a double approach. We want to reduce burdens torelease management time and to lighten business costs, and at the same timepromote training and skills through public agencies.”Businesstaxes would also be reduced. The climate change levy and IR35, the new tax ruleof subcontracted employees, would be abolished.Inthe workplace, Heathcoat-Amory is concerned that further legislation supportingwork-life balance practices could be dangerous to business.Hesaid, “The Government’s instinct is to reach for the legal button in therun up to the election, but all the costs will be borne by the companiesthemselves.”Ifa company loses its competitiveness and profitability and invests less as aresult, the long-term consequence will be fewer jobs. The best thing we can dofor the employee is to ensure that there is a continuous supply of good andwell-paid jobs in expanding British companies.”Heathcoat-Amorysays only a Conservative government would be sympathetic to business. “Wehave a government that doesn’t understand business. Few of them have everworked in any sort of commercial environment whatsoever. It is all a theory tothem.”Manifesto:at a glanceTaxand the economy– Public spending not to outstrip the growth of the economy– £8bn of tax cuts– No more “stealth” taxes– Cut fuel tax by 6p a litreBusiness– New deregulation commission to cut red tape– Promote business competitivenessEducation– 10,000 new teachers– Endowment for universitiesHealth– Increase in NHS funding– Increase staffing, but no figuresConstitution– Transfer power from central government to effective local councils– Strengthen parliamentary scrutiny of the governmentEurope– A more flexible European union – Vetro further transfers of power from Westminster to Brussels– Retention of the poundCrime– 6,000 extra police recruits– Less police bureaucracywww.conservatives.com Comments are closed. Previous Article Next Article Lowering costs and clipping the red tapeOn 22 May 2001 in Personnel Today Related posts:No related photos.last_img

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