Speaking to businesses in Lisbon, Byers revealed new figures that showed the need to cut start-up costs for new businesses.
He contrasted the position in Europe – where on average it takes 12 weeks and costs $2000 to set up a business – with that in the United States where it takes about a week and costs $500.
Byers said that with small companies accounting for two out of three jobs in Europe, regulation can be a barrier to economic growth and job creation.
The second largest improvement in ‘significant’ levels of financial distress since the EU Referendum was in professional services, found research from Begbies Traynor
Just one half of UK practices have implemented a pricing structure around auto enrolment implementation and advice - with many suffering increased costs
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Accountants should alter their perspective on auto-enrolment to maximise business opportunities, according to Eric Clapton.