forum private business

FPB: Budget Small Business Growth Strategy Just First Step

Not-for-profit business group argues tax and red tape plans should have gone further One of the UK’s leading business organisations is welcoming several short-term measures to boost enterprise announced in today’s Budget – but arguing that more must be done in the long-term if small businesses are to truly drive economic growth and job creation. The Forum of Private Business (FPB) believes substantial measures on fuel duty – including an immediate cut from 6pm tonight and cancelling annual rises that had resulted from the introduction of the fuel duty escalator – should provide some cash flow relief for struggling small firms. Equally, the Forum is welcoming a range of small business tax breaks including lower rates for businesses based in 21 new ‘enterprise zones’, increasing tax relief a... »