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U.K. PM Promises To Slash Nation's Regulatory Burden

Writer's picture: OurStudioOurStudio

Britain's bureaucrats must summon the spirit used to defeat Hitler's Germany in order to stimulate sustained growth in the country's stuttering economy, Prime Minister David Cameron was to say Monday.

In a speech at the annual conference of the Confederation of British Industry (CBI)—an influential business lobbying group—Cameron was to outline plans to cut through red tape, according to extracts released by his Downing Street office.

He was to blame pressure from lobbyists for creating "risk-averse" civil servants and explain his plans to get "Britain on the rise to compete and thrive in the global race.

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