Chancellor Healey vows to slash £800m of 'pointless paperwork' as Tories say Labour has 'finally admitted' red tape hammers firms
Shadow chancellor Andrew Griffith said 'endless red tape is hammering businesses and killing jobs', accusing Labour of making things worse. The Treasury expects streamlined reporting to save £290m, with £116m cut from the cost of buying and selling homes. Import tariff pauses on more than 250 products will run for another year. The package comes ahead of John Healey's first Budget on Wednesday.
Griffith says Labour's unemployment act has 'created a youth jobs emergency'.
Ministers are targeting a 25 per cent cut in regulatory admin by the end of this Parliament.
Small firms will no longer have to file profit and loss accounts at Companies House from April 2028.
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LBCChancellor pledges to cut form-filling and mindless admin to help firms thriveLBCHealey plans to slash ‘pointless paperwork’ in bid to save businesses £800mBBC NewsChancellor plans to cut 'pointless paperwork' to save businesses up to £800mThe IndependentChancellor unveils £800 million savings for businesses by slashing 'pointless paperwork'City A.M.Healey moves to slash red tape and save firms £800m a yearlondonlovesbusiness.comHealey vows to back ‘bloody-minded entrepreneurs’ as Budget looms over British business - London Business News | Londonlovesbusiness.commirror.co.ukJohn Healey vows to slash cost of business in Budget aimed at 'entrepreneurs'City A.M.How John Healey clamped down on Treasury speculationLondon Business News‘Bloody-minded entrepreneurs’ promised backing, but £1bn tax break faces the chop - London Business NewsGB NewsJohn Healey plots tax raid on retiring business owners in BudgetSharecast.comFriday newspaper round-up: Elon Musk/Skydance, North Sea wealth fund, retiring entrepreneurs - Sharecast.comCity A.M.Doubts over £458m gambling tax plan emerge days before Budget
