British Firms 'Struggling Under £150billion Burden Of EU Laws'

British businesses are being tied up with record levels of Brussels red tape, a report warned yesterday.

The TaxPayers' Alliance says that UK firms are struggling under the 'severe burden' of EU regulation, which is estimated to cost £150billion a year.

The study found that there are currently 16,980 EU laws in force in this country and they are increasing at a rate of 2,000 a year.

It said that Whitehall had added to the regulatory burden by using EU directives as 'vehicles for their own policy agendas' and attaching numerous additional clauses and extending their scope - a practice known as 'gold-plating'.

Ben Farrugia from the alliance said: 'Regulations are an enormous burden to business, particularly in a time of financial hardship. The EU's addiction to regulating and Whitehall's compulsive gold-plating have added billions to business costs in recent years.
'Both the legislative process which has created this regulatory tangle and Britain's relationship with the EU needs a serious rethink.'

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We need to be OUT of the EU Completely!!!