‘Cost of business crisis’ as government drives up overheads by 70 per cent in a decade Business British companies are facing a “cost of business crisis” as a string of controversial government policies have pushed up an average firm’s expenses by 70 per cent in a decade, one of the country’s largest industry bodies has found. A typical-mid-sized firm is now paying roughly £827,000 more a year than they were in 2016 [...]
Small businesses ‘lose 379m hours a year’ on red tape SME Small businesses lose around 379m hours a year and spend around £36bn a year on dealing with red tape, new research has indicated, piling pressure on the Labour government to fast-track its deregulatory drive. Business secretary Peter Kyle has emphasised that the government remains committed to reducing the regulatory burden on businesses by up to [...]