Media playback is unsupported on your device

PM pledges to cut business red tape

27 January 2014 Last updated at 13:43 GMT

Thousands of rules affecting business are to be scrapped or amended, David Cameron has confirmed.

In a speech to the Federation of Small Businesses, the prime minister said small business was "the lifeblood of our economy".

He said more than 3,000 rules will be dropped or changed, saving more than £850m a year.

Emma Simpson reports.