Off the Gold Standard
In a move that is designed to keep UK plc competitive, the Government announced just before Christmas that it will no longer 'gold plate' legislation passed by Europe.
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Further, ministers will be given an express duty to review legislation passed by Europe every five years so that 'it poses as small a burden as possible on business'. Reviews would involve consultations with business.
So is it all good news? Well yes and no. It's great to see that European law won't be added to, but equally, the new rules won't stop Brussels affecting the way we conduct business.
This was last published in January 2011
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