Businesses hamstrung by more regulation than required by EU

THE INSTITUTE of Directors (IoD) has found that Britain is imposing EU laws more stringently than is required, burdening businesses with more regulation.

A report released today claimed that many EU regulations are gold plated when applied in UK law, making the original statute even more cumbersome for companies.

Gold-plating often occurs in UK employment law, where for example EU regulations require 20 days of annual leave, but UK law demands 28. Despite a promise to review the implementation of EU law in 2010, few have been changed.

Alexander Ehmann, head of regulatory affairs at the IoD, said: “The EU is responsible for producing much of the employment law which affects British business, but the situation has been made much worse by over-zealous implementation.”