By a red tape mile, the winners are…

mkpdavies · 20-12-2004, 04:06 PM

http://www.money.telegraph.co.uk/mon...tbusiness.html

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The final count, which also took in anonymous votes from the leading trade bodies, saw Defra and the EC's environment directorate tie for the top spot.

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Matthew Farrow, head of environment at the CBI, said he was surprised environmental regulation had come out top in the voting. It suggested, he said, that the constant stream of new regulations was wearing businesses down. "It's the sheer volume of EU regulations," he said. "There have been over 200 directives on the environment and 32 EU-driven regulations on are in the pipeline.

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It estimated that the cost of complying with the unnecessary aspects of the regulations at £4billion a year

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British Chambers of Commerce director general David Frost summed up the feeling on this side of the channel: "While these humorous awards highlight the bodies involved in regulation, the ever increasing burden is not a barrel of laughs for British business. On employment, our level of regulation is increasing at a time when other EU member states are looking to reduce theirs."

But Tony said the EU was good for business. Don't tell me he told a lie! :roll: :cry:

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