election

A Fifth of Small Businesses Postpone Raising Investment until After Election

A Fifth of Small Businesses Postpone Raising Investment until After Election

Access to finance was named as the main issue small businesses want to see tackled by the post-election government, with 13% of companies stating it was more difficult to secure investment now than it was a year ago, according to the latest quarterly Close Brothers Business Barometer (CBBB). Despite 73% of small business owners planning to seek finance in 2015, a fifth of businesses surveyed admitted that they are delaying investment until after the election due to ambiguity over the business and finance atmosphere under a new government. The top two post-elections concerns named by the CBBB’s respondents was the possibility of the return of a coalition government and an EU referendum, and what these issues would mean for UK enterprise. CEO of Close Brothers Invoice Finance, David Thomson,... »

Small Firms Cant Afford a  Period of political horse-trading

Small Firms Cant Afford a Period of political horse-trading

Business groups have warned that the uncertainty of a hung parliament will jeopardise the ability of small firms to plan ahead, and stressed that they can’t afford a period of political horse-trading. With the election result remaining uncertain and no party winning enough seats to form an overall majority, the British Chambers of Commerce’s (BBC) director of policy, Dr Adam Marshall, said businesses are concerned how a hung parliament could affect the business environment. “The business community expects the parties to put political horse-trading to one side and put the UK economy at the heart of their thinking,” he said. “Strong leadership and consensus are required to deal with the serious threats still facing the economy.” Commenting on the Greek eco... »

UK to Emerge from Recession after Election

UK to Emerge from Recession after Election

Despite the National Institute of Economic and Social Research (NIESR) saying Britain is already out of recession the Federation of Small Businesses (FSB) has predicted that business investment is unlikely to increase and the economy will not emerge from recession until after this spring’s general election, According to the FSB’s head of public affairs, Stephen Alambritis, while it will be another difficult year for businesses there are signs that the UK will start to emerge from recession after the general election — which is expected to take place in May this year. “The results of the general election will influence investment decisions, as businesses don’t yet know what the tax rates will be — for example capital gains tax — and that will hold t... »