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Chancellor vows to slash 'pointless paperwork' for firms as Tories say Labour has 'finally admitted' red tape is killing jobs

Chancellor vows to slash 'pointless paperwork' for firms as Tories say Labour has 'finally admitted' red tape is killing jobs

John Healey's package is designed to save businesses around £800m, with £290m of that figure coming from simplified reporting requirements. Asset managers are in line to save £105m and firms in the home-buying chain £116m. The measures arrive ahead of his first Budget on Wednesday. Prime Minister Andy Burnham and Healey will meet small business leaders at No 10 North today.

Import tariff pauses on more than 250 products will be extended a year, saving £155m.

Shadow chancellor Andrew Griffith says Labour has created 'a youth jobs emergency'.

CBI boss Rain Newton Smith welcomed the plans but warned the test is delivery.

MoreBBC NewsChancellor plans to cut 'pointless paperwork' to save businesses up to £800mLBCChancellor pledges to cut form-filling and mindless admin to help firms thriveThe IndependentBusinesses to save £800m on paperwork under Healey's new planLBCHealey plans to slash ‘pointless paperwork’ in bid to save businesses £800mThe IndependentChancellor unveils £800 million savings for businesses by slashing 'pointless paperwork'Financial TimesHealey to promise end of ‘pointless paperwork’ for small UK companiesCity A.M.Healey moves to slash red tape and save firms £800m a year
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