Commenting on the Prime Minister's speech on Better Regulation, Terry Scuoler, Chief Executive of EEF, the manufacturers' organisation, said:

"The coalition has set out a clear ambition to reduce the burden of UK regulation on business and the real value of today's announcement is not the number of regulations which have been scrapped, but that some tangible progress has been made in reducing the cost to business of the layers of legislation which reduce their competitiveness.

"But, given the scale of the challenge, and Government's commitment to introducing changes such as workplace pensions and Shared Parental Leave before the end of its term, business leaders will want to see a further reduction in the existing stock of red-tape in 2014 ."

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