Comment on why Michael Heseltine’s report does not address the problems of small business…
Following the report from Michael Heseltine today, here is additional comment of the potential impact, or not, that his measures could have on small and medium sized businesses.
Geraint Jones, private client partner at City accountants Reeves, said: “It is good to see that the government is exploring ways to support growth and build relationships between public and private sectors. Yet the solutions, including encouraging greater state intervention and regulation, are unlikely to help small and medium sized businesses.
“Enabling businesses to gain better access to funding and national insurance holidays, for example, would be of more practical benefit and have an immediate impact.”
We have launched our new site in Beta mode. Join our rapidly growing community, as a subscriber, contributor, reporter, advisor, mentor or partner and start using our platform to network, share the latest news, tips and how-to guides with like-minded people.
Register Now or get in touch at bipteam@wm-bip.co.uk
Tags: Business Information Portal, Geraint Jones, Michael Heseltine, Reeves, Small and medium enterprises, SME, The BIP, West Midlands BIP
