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Enterprise Bill commitment 19/05/2015 The Government is to bring forward a new Enterprise Bill that will include plans for a new Small Business Conciliation Service to help settle disputes over payment.

Enterprise Bill commitment

New Business Secretary Sajid Javid has promised to bring forward a new Enterprise Bill that will ‘back business to create jobs’. The proposals include a new Small Business Conciliation Service to help settle disputes over payment.

“As part of our long-term economic plan, we will sweep away burdensome red tape, get heavy-handed regulators off firms’ backs and create a Small Business Conciliation Service to help resolve disputes,” said Mr Javid.

According to the Government, the plans for cutting red tape will extend to independent regulators for the first time. They will be expected to contribute to a target of at least £10 billion.

Another central measure in the Enterprise Bill will be the creation of a Small Business Conciliation Service to help settle disputes between small and large businesses, especially over late payment practices. Small firms are owed over £32 billion in late payments, but many of them are not aware of their rights or are reluctant to launch legal challenges. This service will build on the existing suite of measures to tackle poor payment practices, says the Government.

The Bill will also support businesses through the extension and simplification of Primary Authority. This scheme allows a business to get advice on regulation from a single local council and this advice must then be respected by all other councils - reducing the time and cost to businesses of having to obey different rules.

The Government is also expecting the European Commission to announce proposals to cut red tape in Europe. Measures being pushed for include a commitment to propose lighter regimes for small businesses in new EU legislation, greater independence for the Commission’s Regulatory Scrutiny Board, and improved consultation and impact assessments.

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