The Small Business Council, a group including entrepreneurs and an accountant that offers guidance to Whitehall on the private sector, told trade secretary Patricia Hewitt that companies were frustrated with the complexity rather than the number of regulations.
In its annual report, the group cites a survey that shows 7% of sole traders have not taken on staff because they could not face employment regulations.
This could represent 200,000 business that are discouraged from creating jobs by red tape.
Does Darwin's theory apply to taxation? Colin ponders...
The EC has been instructed to draft a European Union (EU) directive authorising an EU financial transaction tax, which would apply to ten of the EU’s 28 member states
Accountancy watchdog the FRC has dropped its investigation into the former chief financial officer of Tesco, nearly two years after the supermarket was engulfed in an accounting scandal
Colin imagines how Apple's logo might change in the wake of the EC's ruling over its Irish tax arrangements