Small business group lists pre-budget wish list


Small business group lists pre-budget wish list

Alex Scroxton
13 November 2008

As could be expected the wish lists have started to come out in the run up to the pre-budget report, which will be announced towards the end of the month.


Among the concerns will be a hope that the government will do more for small businesses to ease the pressure they currently face.


The Forum for Private Business (FPB) has submitted its proposals ahead of the pre-budget report, taking place on 24 November.


Phil Orford, chief executive of the FPB, said that it wanted the government to make sure that the banks passed on lending to small businesses.


"We have submitted a petition to the 10 Downing Street website to this end, and, along with tackling the burden of tax and regulation, this forms a central component of our submission to the Government's Pre-Budget Report. It is important that the correct measures are put in place to support both small firms and the economy as a whole," he said.


The FPB is calling for a cut in corporation tax and more relief for small companies on the tax front.


The government has been trying to put more pressure on banks since it injected millions into the banking system to get them to restore lending levels back to the level of last year.

Join the conversation Comment



    Contribute to the conversation

    All fields are required. Comments will appear at the bottom of the article.