The government has faced mounting criticism recently from trade experts who believe red-tape has increased since it came to power in 1997.
In last week’s Budget, the chancellor Gordon Brown reiterated his aim to have Britain recognised as the best place in the world in which to conduct business.
However, an Accountancy Age/Reed Accountancy Personnel Big Question revealed just 18% of FDs were happy with the Budget, citing red-tape as one of the factors contributing to a ‘low feel good factor’.
It is understood business consultants have this week been summoned to assist the government with the expected measures.
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