Regulation - Regulatory Impact on UK's Smallest Businesses
This report focuses on the experience of the UK’s smallest businesses and summarises the experiences they reported in dealing with the overall regulatory burden.
BRE officials spoke to 500 micro businesses (those with fewer than 10 employees) and found that businesses are struggling to cope with existing regulations and that each new regulation or change simply adds to their problems. The sense of frustration felt by these businesses was evident, with some showing clear signs of distress.
The challenges highlighted in the report have been passed to Lord Young for consideration as part of his review of how government departments interact with and affect small business.
Most frequently we were told that they try to do the right thing, but felt that they were not supported and were unreasonably expected to cope with the same levels of paperwork and regulatory obligations as larger companies.
Please see the report on the findings:
Lightening the Load: The Regulatory Impact on UK's Smallest Businesses (PDF, 1.0 Mb)
