DTI becomes DBERR in restructure
Jul 09 2007
Gordon Brown has renamed and restructured the Department of Trade and Industry (DTI) in a move that gives the new Department for Business, Enterprise and Regulatory Reform (DBERR) added responsibility for cutting red tape and paperwork for business.
The DBERR will aim to ‘create the conditions for business success through competitive and flexible markets that create value for businesses, consumers and employees’, says the Government.
Under John Hutton, the new Secretary of State for Business, Enterprise and Regulatory Reform, it aims to raise levels of UK productivity, promoting the creation and growth of business.
Hutton says: ‘I am delighted to be the Secretary of State for Business, Enterprise and Regulatory Reform, leading the work to create a more dynamic, flexible and competitive economy.
‘I look forward to building on the significant successes of the past decade, in which the number of businesses in the UK has grown by more than 600,000, the UK has remained Europe's leading destination for inward investment and its competition regime has been ranked third in world.’
According to the Government, the new department will:
- Promote the creation and growth of business and a strong enterprise economy
- Deliver free and fair markets with greater competition for businesses, consumers and employees
- Ensure the reliable supply and efficient use of clean, safe and competitively priced energy
- Ensure that all Government Departments and agencies deliver better regulation for the private, public and third sectors
- Manage a wide range of Government assets - including interests in public corporations.