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MEP backs Midlands business leaders' call to slash red tape

October 14, 2010 3:14 PM
Originally published by Liz Lynne
Liz Lynne signs up to the Parliamentary Declaration for a cut on red tape for business

Liz Lynne MEP and the Federation for Small Business are calling for a bonfire of unnecessary red tape

Lib Dem Euro MP Liz Lynne has backed a call by the Federation of Small Businesses to step up pressure on the European Commission and EU governments to cut red tape.

Liz signed up to the campaign at a reception in the European Parliament hosted by the Federation of Small Businesses, who are launching a new all party written Parliamentary Declaration to highlight the administrative burden affecting small and medium sized firms.

Liz's call came on the same day as she met a delegation of West Midlands Chambers of Commerce and business leaders in the European Parliament to brief them on EU developments.

Liz Lynne, who is Co-Chair of the European Manufacturing Forum and 1st Vice President of the Employment and Social Affairs Committee, is a longstanding supporter of simplified 'light touch' regulation, especially for small business.

She said: "Businesses large and small are spearheading our attempt to beat the recession and build a sustained recovery at a time when the public spending deficit has to be tackled. We must always remember that 99% of businesses are classified as small or medium across the EU.

"There are around two million businesses in the UK that have nine employees or less that need every help to drive our recovery.

"These firms are particularly sensitive to badly drafted rules and regulations that eat staff time and fritter away profits."

"The recent micro finance proposals and simplified accounting rules for small businesses were a step forward, but there is a long way to go in getting rid of unnecessary complex regulations.

"I only support Europe-wide regulations where they are necessary, but for the sake of a level playing field in the single market, many of these decisions have to be agreed initially at EU level.

"The Commission has at least admitted there is a big problem with red tape, echoing what the coalition government in Britain is saying but there is a long way to go in getting agreement on which rules to change and which to scrap altogether and then seeing the changes applied in member states.

"I will certainly be backing this all party declaration in the European Parliament when it opens next week. It is vital that Euro MPs from all parties keep up the pressure on the Commission and member governments to leave no stone unturned in a battle to simplify business regulations."

ENDS.