The Federation of Small Businesses (FSB) has called on the Government to put a stop to all new business regulation and simplify red tape if it is to seriously tackle rising unemployment.

The FSB believes that a freeze on new business regulation would create more than 300,000 jobs, and provide the economy with a second economic stimulus.

A survey of FSB members showed that nearly one in three businesses (27%) that wanted to expand said they were too scared to do so, because they were put off by complicated regulation. Of those businesses planning to down-size or close, 50% said their decision … Continue Reading