This Government have taken specific and concrete steps to reduce the burden of regulation on small and medium-sized businesses:
We have already saved SMEs £388 million by not extending the right to request time to train to businesses with fewer than 250 employees;
The display ban on tobacco, which applies to supermarkets and very large stores from April 2012, will not apply to smaller tobacco retailers until April 2015;
We are phasing implementation of pensions auto enrolment, so that small business will not need to comply until June 2015;
More widely, the Government introduced a three year moratorium on new domestic regulation for micro-businesses and start-ups from
To help reduce the burden of new business regulation we have introduced the one-in, one-out rule, so that if a Department wants to introduce a new rule which generates costs for business, they must first identify a corresponding cut in regulation elsewhere with the same value.
We are running the Red Tape Challenge, a process for scrapping and simplifying existing regulations that are obsolete.
Finally, we recently launched Focus on Enforcement, to improve the impact on business of how regulations are enforced.