Everyone, including politicians, agrees that red tape stifles the economy. Unnecessary and preventative regulation, based on no data or scientific investigation, let alone a risk assessment, impedes entrepreneurial activity, social existence and liberty. It makes the lives of those it tries to protect, empty and dull; it prevents technological development; and lowers economic performance, keeping many people in poor conditions.
In a recently published paper by William Mason the examines the development of the regulatory structure and the forces that drive it – political ambition, the need for officials to make a mark for their career, single-issue lobbying organisations and, above all, the European Union.
Regulation for the European Union is a necessity as it is the strongest method of integration, the political structure’s aim. Only by imposing endless legislation and strengthening the regulatory structure can the various bodies of the EU show their power over national parliaments. What has actually developed with the various sources from which regulations can hit us is a regulatory competition, with each politician, organisation and political body trying to outbid the others. Click here to read the full publication.
Recently Peter Troy -The Publicist, pictured right, made the important point on BBC Radio Tees that being within a few years the power supply in the UK will be insufficient for the nation's expanding demand - in short the lights (and computers) will go out all over the UK. The same key point was made in a piece published in The Journal , where Peter Troy thunders that the policy of building more than 8,000 wind turbines across Britain's countryside and coastline will not provide the power we need for our future power needs. Peter Troy has taken the initiative both on air and print to boldly state that Government policy is ''utter madness''.
It is interesting to see, at last, some of the Media catching up with the implications of the growing energy crisis, not least The Daily Mail which had a robust leader on the subject recently. The newspaper's headline states: "One of the first duties of any government is to ensure that the lights stay on and the wheels keep turning." The issue is expertly dealt with by Christopher Booker in The Sunday Telegraph.
Businesses, individuals and pressure groups can join in this debate with effective broadcasting and column space and thus obtain vital issue based publicity. We at Peter Troy The Publicist Ltd have the expertise to obtain appropriate publicity.
An excellent article published recently in the Yorkshire Post, complemented an article by Analyst Matthew Sinclair (of the Tax Payers Alliance) who teamed with Chris Pope of the American Enterprise Institute. Their article entitled 'The Strange Death of the Tory Climate Crusade', which charts the unpopularity of green taxes and the way the Conservative Party have been forced to move away from them to issues that are both higher on voters' lists of concerns and more environmentally sensible.
With the current unpopularity of the Government's planned changes to Vehicle Excise Duty and the rising cost of vehicle fuel which is impacting on all businesses, particularly small enterprises, business owners should be aware of the opportunities that are available to them to comment in the media (and thus obtain quality publicity) on the impact of shifting trends in the policies of political parties.
Britain's banks are facing yet another regulatory clamp down after the Office of Fair Trading (OFT) began a new inquiry into irresponsible lending practices in consumer credit markets.
Banks and loan sharks have been heavily criticised over the past few years for offering credit to consumers who could not afford it. The OFT said it would now look at establishing new guidance on the criteria which lenders should consider before handing out loans and credit cards. In the 'Indy' (Independent) James Daley explains that Britain's Banks are facing yet another regulatory clampdown Britain's after the Office of Fair Trading (OFT) recently began a new inquiry. Read the following link OFT to investigate irresponsible lending by banks in consumer... a recommended read for all customers who wish to be kept informed of the fast moving financial world.
Click here or the picture (right) to visit the Pure Mortgages website.