Small Business Survey Finds 57% Feel Government is Working Against Them
What happened
Robert Colvile, head of small business at the Centre for Policy Studies, discussed a survey finding that 57% of 500 senior small business leaders feel the Government is working against them. Businesses cited concerns over energy costs, business rates, employment costs, and a shortage of skilled workers. The poll also found that 54% of those surveyed felt tax and regulatory requirements had increased since Labour came to power.
From aol.co.uk
Why it matters
The survey indicates significant pressure on small businesses, which make up the majority of British businesses and employ millions. The concerns raised about rising operational costs and tax burdens are critical as the Budget approaches.
From aol.co.uk
Who's involved
- Robert ColvileHead of small business and entrepreneurship at the Centre for Policy Studies
- Centre for Policy StudiesThink tank that conducted the survey and provides policy analysis
- Keir StarmerPrime Minister of the United Kingdom
Possible ripples
Who this could reach next, traced step by step from the reporting. Possibilities worth considering, not forecasts.- Small business concerns may increase political pressure on Keir StarmerSmall business concerns could increase political pressure on Keir Starmer.Possible
- New CPS head may pressure government on small business costsNew CPS head may pressure government to review tax and cost policiesPossible
- Small business survey may pressure Chancellor Rachel Reeves on costsSmall business survey may pressure Chancellor Rachel Reeves on costsPossible
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The entities involved
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Robert Colvile
British journalist
Nothing else this week.
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Centre for Policy Studies
British think tank