Bold words… “Despite having to make the cut in VAT, our members are telling us that it is simply not worthwhile passing on the reduction to consumers once they have taken into account the cost and hassle of having to make the administrative changes.” Those were the words of Phil McCabe of the Forum of [...]

The Federation of Small Businesses is urging the Government to include protection from credit card interest rates as part of their efforts to aid small businesses in 2009. The Federation is lobbying to bring in a cap on interest rate charges as they reveal that around 25 per cent of small businesses claim that they [...]

Alistair Darling’s demand for high street banks to follow in the footsteps of the Royal Bank of Scotland has been met with strong disagreement by the banks.  The Royal Band of Scotland recently declared that they would not be removing overdraft facilities for small business in the wake of the economic climate, but other banks [...]

Small businesses are clearly feeling a state of relief today after finding out that they will be able to access a fund worth billions of pounds in new finance.  They also have the added bonus of paying less tax and even have the opportunity to delay the taxes they owe. However, it was clear that [...]

Today small sized businesses will come to learn whether the Federation of Small Businesses has done enough to secure a more comfortable future few months for those struggling under the current financial pressure. Small businesses are hoping to get some relief today through slashes in VAT, help with national insurance contributions and aid with income [...]

Tougher laws are being mulled over by Chancellor Alistair Darling, which will force banks to lend to struggling small businesses in the wake of the economic downturn.  Darling is supposedly looking to cap interest rates, while another leading Labour member labelled the actions of the banks as “naval gazing”. MP John McFall, the head of [...]

Chancellor Alistair Darling will be making his pre-budget speech next Monday, yet the Federation of Small Business are still hoping that tax cuts and new funding will be made available for small businesses around Britain. The Federation of Small Businesses is attempting to back the move to scrap Small Firms Loan Guarantee plans and instead [...]