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Tories woo industry with promise to cut back on regulations.

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| October 06, 2000 | COPYRIGHT 2000 Haymarket Business Publications Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

The Conservative Party pledged this week to scrap unnecessary regulations on the advertising industry if it regains power at the next general election.

Peter Ainsworth, the shadow culture secretary, told a fringe meeting, hosted by the Advertising Association, at the Tories' Bournemouth conference that the party was "on the side" of the ad industry because of its crucial role in the communications revolution.

He hinted that the Tories would opt for a lighter touch regulatory regime than the present system. "Obviously, there will still be a need for a regulatory authority of some form, but we don't need any more directives from Brussels telling you what you can do in your industry," he said. "Consumers are quite grown-up enough; consumers are king in ...

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