Regulations

The number of workers on contracts with no guarantee of regular hours or pay doubled to 200,000 during the last six months of 2012, figures from the Office for National Statistics (ONS) show.

The Financial Services Authority (FSA) has been replaced by two new regulatory bodies, which will aim to monitor financial institutions and better protect consumers.

Half of the 115 regulations affecting the day-to-day running of UK businesses are to be removed, according to initial findings from the Government's Company and Commercial Law Red Tape Challenge.

Business groups have been responding to the Scottish Government's announcement to introduce a business rates relief of up to 100 per cent on empty properties from April this year.

Small businesses and consumers could benefit from a fast-track process when taking legal action against businesses that compete unfairly, under new measures proposed by competition minister Jo Swinson.

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