A couple of weeks before her short stint as prime minister ended, Liz Truss delivered on a pledge to tackle what some—including Truss—saw as red tape holding back “thousands of growing businesses” in the UK. The move focused on exempting small businesses from certain regulations to help stimulate growth. It involved expanding the government’s definition of “small business” to release “thousands of UK businesses” from reporting requirements and regulations.
Click here for original story, Regulations can burden small businesses, but research shows they can also help them grow
Source: Phys.org