Friday 27 June 2008

UK: BERR business plan for 2008-2011 published

The UK's Department for Business, Enterprise and Regulatory Reform (BERR) has published its business plan for 2008-2011. One of BERR's strategic objectives is "free and fair markets" and in this regard a number of specific proposals are made including:
  • Implement the EU Services Directive by the end of 2009, to make it easier for service providers to set up business, or provide services, in another Member State
  • Implement the Companies Act 2006 by October 2009, to ensure that company law reflects the modern business world
  • Reduce the administrative burdens of regulations imposed by BERR, mainly from employment, company and consumer law, by 25% by May 2010 
In one important respect the business plan is disappointing: there is little discussion of the concepts of the free and fair market. What does fairness mean in this context?

Further information is available here:

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