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Health and safety regulation among businesses needs "overhaul"



Health and safety regulation among businesses in the UK needs to be re-examined, it has been suggested.

According to Harry Katz, principle of Norwest Consultants, current health and safety laws mean that businesses have to spend too much time dealing with them.

He stated: "Health and safety in my opinion has grown from being ensuring that companies provide a safe environment for their workers to mollycoddling and creating a compensation culture and needs a full overhaul."

Managers are having to spend too much time and money insuring themselves against "imaginary risks" as opposed to growing their companies, Mr Katz claimed.

He also stated that there are "massive amounts" of red tape and bureaucracy associated with health and safety, meaning firms have to spend a "disproportionate" amount of time and resources dealing with it.

Established in 1990, Norwest Consultants is a fully independent advisory firm and a member of the Financial Services Authority.
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