Business & Economy
Cutting ‘red tape’ is nothing but a red herring – and arguably counterproductive | Heather Stewart
Source: Business | The Guardian · Published
Blaming a moribund economy on too many rules is a hackneyed neoliberal trope – UK plc needs smarter regulation, not less regulation Before becoming prime minister, Andy Burnham pledged to “end 40 years of neoliberalism”. But as he prepares for his first budget on Wednesday, his g
Blaming a moribund economy on too many rules is a hackneyed neoliberal trope – UK plc needs smarter regulation, not less regulation Before becoming prime minister, Andy Burnham pledged to “end 40 years of neoliberalism”. But as he prepares for his first budget on Wednesday, his government is yet to let go of one of its most tedious cliches: red tape. In the run-up to the chancellor John Healey’s high-stakes Commons address, the government issued a press release last week promising his plans would include measures to “slash the red tape choking firms”.
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