View more on these topics

Cable to pledge three-year regulation freeze for business start-ups

Vince Cable will today commit to reducing red-tape for small businesses as the Government prepares for next week’s Budget, the Financial Times reports.

In a speech to the Federation of Small Businesses today, the Secretary of State for Business, Innovation and Skills will say he is not extending workers’ rights to request training time outside work at companies employing fewer than 250 people.

He will also set out plans to remove rules that give parents of children up to the age of 17 the right to request flexible working arrangements, while reassuring start-up firms they will be exempt from new domestic regulation for three years.

In an interview with the FT, Cable (pictured) says: “We want flexible working. We want to do it in a way that doesn’t add to our vast amount of paperwork. That’s the central problem.”


News and expert analysis straight to your inbox

Sign up


There are 3 comments at the moment, we would love to hear your opinion too.

  1. The FS industry could do with a three year freeze on new initiatives from the FSA, not to mention a freeze on the RDR.

  2. Would it not be better to try to look to reduce red tape for all businesses going forward?

  3. That’s if the Civil Service will let him put it into practice! It reduces their empires.

    What we need is more and more rules; see my comment on

Leave a comment


Why register with Money Marketing ?

Providing trusted insight for professional advisers.  Since 1985 Money Marketing has helped promote and analyse the financial adviser community in the UK and continues to be the trusted industry brand for independent insight and advice.

News & analysis delivered directly to your inbox
Register today to receive our range of news alerts including daily and weekly briefings

Money Marketing Events
Be the first to hear about our industry leading conferences, awards, roundtables and more.

Research and insight
Take part in and see the results of Money Marketing's flagship investigations into industry trends.

Have your say
Only registered users can post comments. As the voice of the adviser community, our content generates robust debate. Sign up today and make your voice heard.

Register now

Having problems?

Contact us on +44 (0)20 7292 3712

Lines are open Monday to Friday 9:00am -5.00pm