UK Chancellor John Healey Targets Entrepreneurs With Regulatory Cuts
· World · Bloomberg, BBC News, The Independent
UK Chancellor of the Exchequer John Healey plans to target business owners by reducing regulatory costs in his upcoming budget later this month. Healey outlined his approach in an interview, focusing on support for what he described as bloody-minded entrepreneurs. The measures are designed to lower the overall financial burden of operating a business in the UK. Further details regarding specific regulations slated for reduction were not detailed in the interview. The budget is scheduled for release later this month.
Why it matters
Changes to UK corporate regulation and tax policy affect multinational investments and operational costs for international firms operating in Britain.
Read the original report — Bloomberg
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