UK SMEs call on Cameron for stability

By Dan Wilson May 19, 2015 - 2:21 am

A survey of 1000 UK SMEs aiming to discover what small business owners want from the new majority Conservative government shows that 1/3 want a firm commitment from David Cameron’s administration to stay in the EU.

The government has promised a so-called in/out referendum before the end of 2017. Prior to that Cameron is expected to try and get some concessions from Brussels.

Other issues that the SMEs surveyed called for was a simplified PAYE system. A cut in business tax rates and action on late payments.

David Postings of Bibby Financial Services said: “It is clear that the question of EU membership is a key concern for UK PLC. This is something the new Government will need to manage carefully as uncertainty will undoubtedly affect confidence and – ultimately – economic growth. How the UK’s relationship with the EU is redefined will have a real impact on the referendum. If Brussels fails to listen and act, the UK’s membership is at risk.”

Postings also said: “The new Government must address the economic challenges ahead and create a stable environment for small businesses to flourish. The businesses we speak with tell us that this should encompass a reduction in the business tax rates and clarity on the tax regime over the next five years.”

  • 2 years ago

    that’s a bit like calling on the brewers and distillers for sobriety

    very naive indeed

    it should earn someone a condescending pat on the head and a place on the honours list

  • james
    2 years ago

    “that’s a bit like calling on the brewers and distillers for sobriety”
    which is exactly what cameron & co did. cant watch a beer ad these days without being told to “drink responsibly”. ie, stay sober.

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