Business and enterprise minister Mark Prisk included the idea in a range of proposals he said were aimed at developing a "more mature relationship" between the private sector and regulators.
He suggested LEPs could bring firms and regulators together to help make locally enforced rules and regulations more transparent.
Other measures included a greater use of industry-led bodies setting professional standards and more straightforward guidelines to make it easier for small businesses to stick to the rules.
To read more click here
Source: www.thebusinessdesk.com