Wednesday, October 18, 2006

Gordon Brown Pledges Cuts in Red Tape

Hot on the heels of a report issued by the UK government's regulation watchdog, that said that the UK's obsession with regulation is destroying the UK's "national resilience and spirit of adventure", Gordon Brown is seeking to pacify the great and good of the City by pledging to cut red tape by 25%.

He will deliver this pledge toady, at the financial services summit at No 11 Downing Street.

Words are cheap, by his actions so shall he be judged.

To read more visit The Telegraph.

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