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BUSINESS INSIGHT: New government should be pro-small business and pro-growth

By David Richardson

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People will vote on July 4.
People will vote on July 4.

General elections present the FSB with unmissable opportunities to convince politicians and parties of all persuasions - and new governments of whatever shade - to put smaller businesses front and centre of their economic thinking.

And with this in mind we’ve undertaken a major member survey to establish what smaller businesses need and want, and we’ve translated the results into the attractive, cost-effective, achievable policies that those seeking electoral office like. Not only that, we’ve discovered that of the UK’s 5.5 million small businesses, 96 per cent intend to vote, 20 per cent have yet to decide who for, and a further third could still change their minds. In other words, roughly 3 million small business votes are up for grabs - a juicy prospect for any party!

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Google ‘FSB General Election Manifesto’ and you can read our asks for yourself, but key among them are for the new government to be pro-small business and pro-growth, introducing a Small Business Act covering things like late payment by large businesses, access to finance and public sector procurement.

We want it to prioritise keeping inflation and energy costs under control, and for there to be no increases in business taxes or in the costs and risks of employing people. As regards staff shortages, we specifically ask for a visa scheme to be piloted to help remote areas like the Highlands, in line with the Migration Advisory Committee’s recommendation.

And after the election? Our work will continue as always.

David Richardson is the regional development manager at FSB.

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