City of London

The BIS takes action to increase business freedom in the U.K.

By: Information Daily Staff Writer
Published: Thursday, October 11, 2012 - 15:00 GMT Jump to Comments

Department for Business, Innovation and Skills (BIS) announced new measures in order to help reduce legislative burdens and create the right conditions for businesses to grow.

The proposals to free up businesses include removing automatic liability on business for civil damages in health and safety cases, when they are not found negligent.

Also, intermediary companies will be exempt from the Estate Agents Act in order to encourage new businesses to flourish.

The entry procedures into bankruptcy will be simplified by removing the court process when it is not needed. It will save individuals, government and businesses time and money.

In addition, guidance and a legal defense will be provided in order to protect individuals from committing the criminal cartel offence.

According to Business Minister Jo Swinson, clearing away barriers to help businesses grow and invest is an essential part of the Government’s plan for economic growth.

“The Enterprise and Regulatory Reform Bill will help strengthen the business environment and boost confidence, by sweeping away needless bureaucracy and out-of-date rules,” said the Minister.

The package of amendments also contains reforms to planning consents for listed buildings. It will make the process more straight forward. Regarding equalities measures, it will include removing employer liability for third party harassment.

Subject to Parliamentary approval, the Bill will introduce a significant range of measures that will help support growth. These measures will include overhauling the employment tribunal system, improving the effectiveness and efficiency of the competition regime and reducing the burden of regulation on businesses through the Primary Authority scheme.

Primary Authority was introduced in order to address businesses' concerns about how local authorities apply environmental health, licensing and trading standards legislation.

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