Government urged to rethink damaging red tape
Campaigning business leader Simon Boyd has called on the government to create better regulation rather than more damaging laws.
He has written to the Secretary of State for Business and Trade Jonathan Reynolds, and copied his letter across political parties, warning that red tape is stifling SMEs’ ability to grow, deliver increased tax take to the Exchequer and drive social mobility.
Simon is managing director of Dorset-based global structural steel firm REIDsteel, a trustee of the Jobs Foundation, a non-executive director of Dorset Chamber and was South West regional chairman of Business for Britain.
His comments follow the announcement of the Employment Rights Bill in the King’s Speech introducing a host of reforms in the workplace and after Mr Reynolds defended measures to support flexible working.
Simon said: “If our government is serious about growth, it needs to stimulate the business economy.
“While blanket regulation and economic policy may be less burdensome for large businesses, multi-nationals and the public sector, SMEs suffer disproportionally.
“A one-size-fits-all approach does not work […]
Simon was voted back onto the board at the chamber’s annual meeting, along with fellow directors and president Caron Khan, vice-president Tony Brown and new honorary treasurer Lesley Fox.
Simon first joined the board in March 2019 and acts on a voluntary basis as a non-exec director alongside his role as REIDsteel managing director and his many other commitments, including his membership of the Confederation of British Industry’s (CBI) manufacturing council.
REIDsteel is also a Platinum Business Partner of the chamber, which is Dorset’s leading business support organisation and the county’s voice of business. The company has also been a sponsor of the chamber-organised Dorset Business Awards.
REIDsteel has the community at its heart and is proud to support its local chamber and help it drive forward the economy.