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‘under pressure’ – Queen’s speech response

11 May 2012

The British Retail Consortium’s Director General has responded to Wednesday’s Queen’s speech, and in particular the proposed Groceries Adjudicator Bill, by saying that the government needs to show more restraint in respect of red tape then it did in 2011.

Making reference to the ‘one in one out’ policy for red tape legislation he pointed out that we’re still waiting for a piece of legislation to be scrapped to balance the tobacco display ban, which cost major retailers an estimated £16m to implement.

Given that the recent quarter has seen 57 retail companies entering administration (including Clinton Cards) we think the reduction of costly red tape will continue to be raised by retailers as a key issue during this financial year.

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