BusinessCorporate FinanceBrown signals crackdown on red tape

Brown signals crackdown on red tape

Chancellor gives PBR hints at Institute of Directors' gathering ahead of CBI speech on Monday.

Gordon Brown has vowed to finally crack the problem of red tape.

Speaking to the Institute of Directors, Brown said that he want to extend
risk-based investigations processes, and indicated plans for the PBR.

Brown said in particular that there would be new incentives for research and
development, ironically an area where the red tape surrounding the tax credits
has been particularly cumbersome, and ‘new encouragement’ for creative
industries, according to a report in The Times today.

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