տուն Uncategorized Business boost in Queen’s Speech

Business boost in Queen’s Speech

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The government has announced a series of measures in the Queen’s Speech that it said were “unashamedly pro-work and pro-business”.

Included in a raft of bills were proposals to make it easier for small businesses to access finance and remove red tape.

There will also be measures to tackle zero-hours contracts and national minimum wage abuses.

Some childcare regulations will also be made more flexible.

A corporate ownership bill will make it easier to punish rogue company directors by increasing the period for which they can be disqualified and awarding compensation to victims.

The bill will also introduce a public register of beneficial shareholders in a company.

The Small Business, Enterprise and Employment bill will put forward proposals to give small business owners fairer access to compete for £230bn worth of annual public procurement contracts.

It will also include measures to ensure larger companies pay small business owners promptly for work they do for them, BBC informs.