Chancellor of the Exchequer, John Healey, smiling at something off camera while dressed in a navy suit and red tie in front of oil tanks. Image source, PA
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John Healey becomes the latest chancellor to pledge to cut red tape for businesses ahead of his first Budget

ByClaire Keenan and Nick Eardley
  • Published12 minutes ago

The chancellor has announced plans to slash "form-filling and pointless paperwork" to save UK businesses up to £800m.

Ministers have said the proposed changes in regulations, announced ahead of John Healey's first Budget on Wednesday, will reduce unnecessary bureaucracy for businesses.

The move is part of a broader effort in the Budget to offer households and businesses more support amid rising costs.