It’s just not working… The Federation of Small Businesses has hit out at the Government’s response to the economic crisis by saying that they view the measures that have been taken as a failure. Through the economic downturn the Government has fallen back on their interest rate blanket as well as provided funding for firms [...]
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FSB says Government Financial Pressure Could Cost Small Firms £800m a Year
Government plans could cost small firms £800m a year. After blaming the Government for not doing enough to aid the floundering economy, the Federation of Small Businesses has now called for the Government to hold back on their plans to implement new legislation that could eventually cost the industry around £800 million a year. The [...]
Federation of Small Businesses says Government has to do more
Official recession for Britain – worst gross figures since 1980
It is now official, the country is in the worst recession it has seen in the last 29 years and to ass salt to the wound, Gordon Brown has announced that he didn’t expect the economic downturn to actually hit Britain and that Britain will not be seeing any relief from the recession in 2009 [...]
Brown announces a second bank bail-out scheme after only 3 months
The government has announced today that a second bail out for banks is in the works, only three months after the first massive bail out was brought to light that was intended to save the banks and ease the tightening felt by the recession. The new plan is being hailed as the country’s last option [...]
Gordon Brown’s plan for the unemployed is taking criticism from all sides
Gordon Brown’s plans to make a fund available to businesses that are prepared to train the unemployed has been blasted by critics who are claiming that the fund is too little, too late. Critics around the country are calling for the Government to do more to ease the impact of the huge number of job [...]
£500 million for businesses that train the unemployed
Gordon Brown has provided new incentives for businesses in the country as he has claimed that half a million people would be given a bit of help to find either new jobs or training. Brown has announced that the government will be making funds available to provide employers with up to £2,500 if they train [...]
Working Time Directive – Brown wants to stay out
Small businesses are looking at the possibility of having to enforce a maximum 48 hour week on their employees if Britain votes on the controversial law, ending Britain’s working time directive opt out. MEPs have voted this week to become a part of the Working Time Directive which will see employees only being allowed to [...]
Treasury Select Committee – “Government money is distorting mainstream banking activity”
The deputy chairman of the Treasury Select Committee has stated that in order for the banks to increase lending to small business the Government must look into a rethink of their banking bail-out policy, which sees the banks prioritise paying money to the Government instead of lending to small businesses. Banks across the country have [...]
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