"Here in the UK the government has decided to accept the recommendations of the Better Regulation Task Force to measure and make targeted reductions in the administrative costs - the red tape costs - that regulations impose on business."

Business, Government, Force, Measure

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"Here in the UK the government has decided to accept the recommendations of the Better Regulation Task Force to measure and make targeted reductions in the administrative costs - the red tape costs - that regulations impose on business."

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"But effective regulation at the European Union level can make a massive contribution to achieving our shared goals of improving competitiveness, jobs and growth."

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"This call for a new culture is not a new idea."

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"But we can turn challenges into opportunities if we look outwards to the realities of the global economy and modernise our internal institutions in ways that will equip Europe to meet that challenge and create confidence amongst the public."

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"And, in the past, it has been all too easy for legislators to load costs onto business in order to meet broader social goals. And costs for business means costs for consumers."

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"Road testing the effects of regulation on European business must become second nature to the European Union."

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