Lord Young has replaced Lord Sugar as the government's enterprise tsar, tasked with cutting red tape for small businesses and encouraging new start-ups.
Appointed by David Cameron, the former trade secretary is taking on the unpaid post alongside his role as the Prime Minister's adviser on health and safety, the BBC reports. According to Downing Street, the peer will conduct a "brutally honest" review to change the government's attitude towards small firms. Among the key tasks of his review will be to minimise "bureaucratic burdens", identify ways of making finance available and improve communication between government and SMEs when designing policy. Lord Young says: "I'll be focusing on what barriers government policy has been put...
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