FPB calls for health and safety reform
Posted by Jason Nicholls
The Forum for Private Business (FPB) has called on the coalition government to consider reforming health and safety ahead of its October 20th comprehensive spending review.
According to the FPB, current legislation and red tape is costing businesses billions of pounds.
The organisation's recent Cost of Compliance study showed that employment law is the costliest bureaucratic burden on businesses, costing them in the region of £2.4 billion a year.
However, the FPB said that the health and safety administration comes a close second, costing firms £2.1 billion.
The organisation said, that, overall, small and medium-sized enterprises devote 37 hours a month complying with employment regulations - including the erection of health and safety signage.
Recently, chief executive of the FPB Phil Orford said: "We have a rare chance to remove these barriers to business growth in this Comprehensive Spending Review. It should not be missed."
A recent report by the TUC showed that health and safety awareness - including the use of health and safety signage - was as important as ever.
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