‘We do lack in-depth business experience at the top,’ Heathcoat-Amory told the audience at Chartered Accountants Hall.
‘And it’s true of the backbench in parliament,’ he added.
Urging the government to do more to tackle red tape, he said the British Chamber of Commerce has estimated that this parliament would generate an additional cost to business of £10bn.
‘The key issue is deregulation,’ he said.
And pointing to the fact that DTI staff numbers had swelled by 25% since the last election, Heathcoat-Amory told MPs that a Conservative government would freeze civil servant numbers.
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