Regulations can burden small businesses, but research shows they can also help them grow
Small businesses can benefit from following rules. Credit: Dragana Gordic / Shutterstock
A couple of weeks before her short stint as prime minister ended, Liz Truss delivered on a pledge to tackle what some—including Truss—saw as red tape holding back "thousands of growing businesses" in the UK. The move focused on exempting small businesses from certain regulations to help stimulate growth. It involved expanding the…