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Insider UK
Insider UK
National
Peter A Walker

Scottish Government looks at ways to reduce regulatory burden on businesses

A new group will consider options to help reduce the financial burden of upcoming regulations on businesses.

At its first meeting, the Regulatory Joint Taskforce - established by Deputy First Minister John Swinney as part of wider measures to support business in November’s Emergency Budget Review - agreed to initially consider the impact of upcoming devolved legislation and examine whether planned new regulations can be amended or streamlined, while still delivering on their core aims.

It will also consider longer term improvements to regulatory processes.

The taskforce, co-chaired by Business Minister Ivan McKee and COSLA environment and economy spokesperson councillor Gail Macgregor, will draw members from businesses, regulatory bodies and local authorities.

Swinney said: “The current cost crisis - and the economic pressure on families, business and our public finances - is the worst since devolution.

“While we continue to call on the UK Government to do more, we want to look at ways to reduce costs on business and so help them create and sustain jobs.

“I have listened to business organisations and the taskforce will initially examine new regulations and identify actions that could reduce any additional burdens they might impose.“

He added that the taskforce's membership may change depending on the regulations and issues being discussed.

COSLA vice president councillor Steven Heddle said: “The cost crisis is creating very difficult conditions for businesses, so we welcome the opportunity to work with the business sector and the Scottish Government to ensure that we are aware of the impact that any new regulations may have on businesses and consider ways to minimise that impact.“

While the taskforce will initially focus on upcoming devolved legislation and its cumulative impact, it is envisaged it will later be able to consider legislation that is already in place.

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