The OECD praises the reduction in the UK's regulatory burden even though they make reference to the "crowded regulatory structure". This is one of the most disengenuous judgments ever received from a statist thinktank funded by governments to cheerlead for them. Especially galling is the praise heaped on a government that, historically, will be recognised as a total failure. This is a judgment which can be determined now.
So what is the OECD actually praising: a reduction in regulation. Fewer quangos and regulatory agencies perhaps? Or the introduction of sunset clauses and a great repeal act? Or the simplification and withering of the tax burden within a new financial settlement, designed to reduce the debt burden. No, it is part of the whole 'investments' vs 'cuts' debate that considers our lifeblood their due.
Ministers have pledged to cut the cost to business of complying with legislation by 25pc by next year, which they say will save the economy £4bn a year.
The OECD described this reform as "impressive" and praised what it saw as a "new approach" in assessing proposed regulations more effectively.
Not even the achievement, just the announcement; another quango cheerleading for bloodsuckers. That subscription could be usefully returned to us.