Chancellor again vows to slash red tape for SMEs

Small businesses could become more competitive as a result of Gordon Brown’s budget commitment to reduce regulatory inspections and bureaucracy.

However, SMEs remain sceptical about the delivery of measures designed to reduce red tape.

“Purchasers should welcome this move because it will improve the efficiency of contractors in their supply chain,” according to Stephen Alambritis, head of parliamentary affairs at the Federation of Small Businesses (FSB).

“If small businesses don’t have to attend to...

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