The government's own figures show the cost of new legislation alone since 1998 to be over £15 billion pounds. The Chamber, t is campaigning for relief for businesses.
The British Chambers of Commerce (BCC) 'Burdens Barometer' calculates the compliance cost to business since 1998 of new regulations.
Calculated using the Government's own Regulatory Impact Assessment (RIA) figures, the Burden has been calculated at £10 billion in 2001; £15 billion in 2002; £20.6 billion in 2003; £30 billion in 2004 and £38.9bn in 2005.
The RIA Report in 2005 found that despite some progress the Government is still failing to prevent unnecessary regulation and cut burdens on business.
See the British Chambers of Commerce Burdens Barometer for more details.
