Sajid Javid

Lowering Taxes Tops ‘To-Do’ List for New Parliamentary Business Group

Lowering Taxes Tops ‘To-Do’ List for New Parliamentary Business Group

A new cross-party governmental group for UK business owners has put lowering business taxes on top of its ‘to-do’ list, business secretary Sajid Javid has announced today. The All Party Parliamentary Group (APPG) for Entrepreneurship aims to ‘give business owners a voice’ in parliament and ‘bridge the gap between entrepreneurs and politicians’. Outlining four main policy areas that it will focus on in its first year, the APPG aims to support enterprise education in schools, exporting, tax reforms and place an extra focus on female founders – with the aim of ensuring more women achieve the same business success as their male counterparts. Accompanying the launch, a new study by the secretariat of the APPG -The Entrepreneurs Network – has also revealed the policy areas of most im... »

Government’s Enterprise Act Set to Benefit 5.4m UK Small Businesses

Government’s Enterprise Act Set to Benefit 5.4m UK Small Businesses

5.4 million UK small businesses are set to benefit from the government’s new Enterprise Act that was passed this week, business secretary Sajid Javid has announced. Measures contained within the act include the appointment of a small business commissioner who will aim to reduce red tape by £10bn over the next five years and help small firms tackle late payments. As part of the Act, the Primary Authority scheme has also been extended which means that small businesses will continue to receive assistance from local authorities, and an Institute for Apprenticeships is also being created. Javid, said of the news: “The Enterprise Act will help deliver the growth and security that benefits every single person in the country. It is proof that this government is delivering on its commitment t... »

Government Plans to Investigate Red Tape “Stifling” British Businesses

Government Plans to Investigate Red Tape “Stifling” British Businesses

Employment rules that could be ‘stifling British entrepreneurship’ by preventing employees from starting up their own business after leaving a job are to be investigated, business secretary Sajid Javid has announced. Businesses across the UK are to be asked their views on ‘non-compete clauses’ among other employment related issues in a government effort to back small businesses and entrepreneurs. The research will also contribute to the government’s ‘Innovation Plan’ – which is focused on promoting high tech business and advanced manufacturing ‘Non-compete clauses’ can be written into employment contracts and can prevent individuals from competing against their former employer or working for a competitor for a set period of time, sometimes up to nine months after leaving a firm... »

Sajid Javid Announces Small Business Broadband Review

Sajid Javid Announces Small Business Broadband Review

A new “wide ranging” review to improve small business access to high-speed broadband has been announced by business secretary Sajid Javid. The new review, led jointly with the Department for Culture, Media and Sport, will specifically look at increasing the level of affordable and high-quality fibre broadband available to businesses. The review will also assess what steps can be taken to encourage choice and competition in the broadband industry in the hope to drive down prices, while subsequently delivering a better service. The news follows the government’s pledge to make superfast broadband available to 95% of the UK by 2017. Earlier this year, it was revealed that slow broadband was the biggest time waster for small businesses. Javid commented: “As a one nation government I want every ... »

Sajid Javid confirms devolved Sunday trading laws will go ahead

Sajid Javid confirms devolved Sunday trading laws will go ahead

New laws on Sunday trading hours are set to benefit the UK’s city centres and high streets, business secretary Sajid Javid has announced. Part of a package of measures that will be introduced in the Enterprise Bill, councils will be able to “zone” any relaxation to prioritise high streets and city centres. This will mean footfall can be directed towards struggling high streets by allowing them to open longer. Further measures include allowing shop workers to give just one month’s notice when opting not to work Sundays as opposed to the previous required notice of three months. In August, the government launched a consultation to gather opinions on whether it should devolve Sunday trading rules to local authorities. Sajid Javid said: “Extending Sunday trading hours has the potential to help... »