BusinessCompany NewsFD speaks out against red tape

FD speaks out against red tape

Red tape and regulatory burdens make the UK an unattractive place to do business, according to the finance director of cheapflights.com.

Link: Red tape burden falls lightly on UK accountants

Simon Bicket, head of one of the most successful dotcom companies in the UK, was speaking shortly after Gordon Brown’s seventh Budget.

He said the UK was not the best environment for SMEs. ‘It’s not just a case of taxes, which I think we would all agree are too high,’ said Bicket.

‘There is a lot more regulation. The government sometimes has a view that time is free and that a finance director’s time is well spent filling in forms and dealing with this, that and the other. Red tape has been building over the years. There is a raft of rules that make it difficult for small companies to cope,’ he said.

Founded in 1996, Cheapflights has become one of the UK’s most popular digital brands with 1.3 million users and 11 million page impressions.

  • The full interview with Simon Bicket will appear online tomorrow.

Related Articles

BDO replaces Deloitte as Mitie auditor

Audit BDO replaces Deloitte as Mitie auditor

3m Emma Smith, Managing Editor
CVR Global appoints partner in London office

Company News CVR Global appoints partner in London office

7m Alia Shoaib, Reporter
FTSE100 failing to provide adequate ethics information

Company News FTSE100 failing to provide adequate ethics information

7m Alia Shoaib, Reporter
Moore Stephens recruits new private client partner

Accounting Firms Moore Stephens recruits new private client partner

10m Emma Smith, Managing Editor
Magma Group announces merger, partner promotions

Accounting Firms Magma Group announces merger, partner promotions

10m Emma Smith, Managing Editor
BDO on ‘recruitment spree’ with multiple partner appointments

Accounting Firms BDO on ‘recruitment spree’ with multiple partner appointments

10m Emma Smith, Managing Editor
Brand strength leads to fee income growth for RSM

Accounting Firms Brand strength leads to fee income growth for RSM

10m Emma Smith, Managing Editor
Mazars strengthens audit team with partner appointment

Accounting Firms Mazars strengthens audit team with partner appointment

10m Emma Smith, Managing Editor