UK Business Secretary Vince Cable promises to cut EU red tape: report


Reuters

LONDON — British Business Secretary Vince Cable reaffirmed his commitment on Tuesday to “rolling back excessive regulation” as he prepares to unveil reforms opposing EU labor directives. Cable promised to “close down the red tape factories of Brussels,” and criticized the European Working Time Directive, which sets a maximum 48-hour working week, as a restrictive “heavy-handed one-size-fits-all” regulation. “One of Britain’s relative strengths is that we have one of the most flexible labour markets in the developed world.

This has prevented unemployment reaching the horrifying levels seen in some other European countries,” Cable wrote in an opinion piece for the Daily Telegraph.