UK champions simpler business regulation
The UK government's 2005/6 budget proposal, unveiled on Wednesday, included a high profile plan to simplify business regulation and reduce administrative costs. Inspections should become increasingly risk-based, it accepted, and regulatory agencies should be rationalised. The environment ministry expressed commitment to "taking the better regulation agenda forward". Otherwise, the budget tinkered with environmental taxes without making significant changes. The government published research suggesting that existing green taxes are working well. See UK budget 2005, its environment chapter, Hampton review of regulation, and environment ministry press release.
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