Small Businesses Confident about 2010

Over a quarter (27%) of small business healthier now than this time last year. Over half (59%) predicting better business performance in 2010. Economic recovery and low consumer confidence remain key concerns. Small businesses are weathering the financial storm to head into 2010 in better financial health than this time last year, according to the findings of a study by O2. O2’s Small Business Confidence Index questioned nearly 3,000 small business owners to gauge how the community has responded to the economic climate in 2009. The findings reveal a small business community that has streamlined operations in the last 12 months to capitalise on anticipated economic improvement on 2010. Over a quarter of the business questioned revealed they are now financially stronger than a year ago... »

Alistair Darling

CBI calls for budget to build confidence and fairness

> Employers group warns against further significant fiscal stimulus The CBI is calling on the Chancellor, Alistair Darling, to deliver a confidence-building Budget, shaped around supporting jobs, investment and competitiveness through the recession and beyond. The UK’s leading business group is also urging him to come up with a clear and credible strategy to get the public finances back under control. Unveiling its Budget submission (177k PDF) today (Monday), the CBI is warning that the alarming state of the public finances rules out the option of a further significant fiscal stimulus, which would undermine business and institutional investor confidence in the UK. Instead, the CBI is proposing a targeted package of measures that will: under-pin confidence; boost competitiveness, empl... »