"The NFDA is encouraged by Business Secretary Sajid Javid’s announcement of a new Enterprise Bill, which looks to have positive measures for businesses”, said Sue Robinson, Director of the National Franchised Dealers Association (NFDA), which represents franchised car and commercial vehicle retailers across the UK.
Javid pledged not only to cut red tape by £10 billion, including that produced by independent regulators, but also to set up a service to help small businesses settle payment disputes.
Robinson continued, “this will be good for our members, helping them to support and grow their business. In the past, red tape has been an issue for companies, especially regarding Health and Safety, employment and the FCA. It is costly both in time and administration. Any plans to reduce this burden would certainly be well received by our industry.
“Measures to support businesses and job creation are all positive steps in assuring continued economic stability. A reduction in the burden of Regulators on small business would be appreciated by members who have to deal with the FCA”.
NOTES TO EDITORS:
Susan Pollock, Press Officer Direct: 020 7307 3424 Fax: 020 7307 3406
The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.