Major overhaul of company law unveiled
Sweeping changes to simplify and improve company law were unveiled in the Company Law Reform Bill, published today. Deregulation is at the heart of the Bill, which contains proposals to save businesses up to £250 million a year - including £100 million for small businesses.
Company law will also be substantially rewritten to make it easier to understand and more flexible - especially for small businesses.The plans are designed to help ensure that Britain remains one of
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