Sept. 29 (Bloomberg) -- Miles Templeman, stepping down as director general of Britain’s Institute of Directors after seven years, said politicians of all parties had let businesses down.
“I believe this government does have a clear business orientation,” Templeman said in an e-mailed statement today. “However, it has been very disappointing that successive governments have too often failed to turn their pro-business rhetoric into a comprehensive pro-business policy.”
The head of the London-based lobby group cited employment regulation as an area where the government is putting too many burdens on business. He also attacked Business Secretary Vince Cable’s attempts to cut the burden of rules on companies. “Hardly anyone in business really believes that regulation reduction measures like ‘one in, one out’ and the ‘red tape challenge’ are working,” he said.
The Business Department today published the latest set of regulations it has abolished. The rules declared defunct include those specifying where “no smoking” signs have to be placed in restaurants.
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