Calling it a wasted opportunity, the British Chambers of Commerce said it was disappointed that the NAO’s report, Better Regulation: Making Use of Regulatory Impact Assessments, did not push hard enough for improvements in the way government departments assessed the impact of regulation.
Sally Low, BCC’s policy adviser, said: ‘It is disappointing that this long anticipated report represents a wasted opportunity to press the Cabinet Office to speed up the pace of improvement in this area and to achieve a better cross departmental approach to the carrying out of regulatory impact assessments.’
The NAO report said there was room for improvement in departmental use of RIAs and said the Cabinet Office should give clearer advice to policy makers on when an assessment is needed.
It also said the Small Business Service should tell departments how to consult more effectively with businesses affected by new regulation.
Low said the report backed up the BCC?s belief that RIAs were patchy and inconsistent, but accused the NAO of complacency.
‘We would have liked to have seen less complacency with regard to the time it is taking for these improvements to be made,’ she said.
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