The National Enterprise Network has written an open letter to the Prime Minister on behalf of small businesses pointing out that the Government’s current strategy towards supporting small and micro businesses is failing.
The National Enterprise Network has written an open letter to the Prime Minister on behalf of small businesses pointing out that the Government’s current strategy towards supporting small and micro businesses is failing.
The letter, signed by the National Enterprise Network and its members from all regions of the country, reminds the Prime Minister of the importance of the small business sector to the health of the country’s economy, pointing out that it comprises 6 million entrepreneurs accounting for 50% of the country’s GDP.
The letter followed the news that the Prime Minister failed to reappoint a dedicated Small Business Minister in her latest round of ministerial appointments and chosen instead to include small businesses as one of sixteen responsibilities allocated to a junior minister. The Small Business Minister had previously been in place for over 12 years and has previously sat at the Cabinet Table.
Chairman of the National Enterprise Network, Alex Till, said, “Support for the Small Business sector has largely been ignored by the Prime Minister. Small businesses account for over 50% of the county’s GDP, and nearly half of the country’s employment.
“If the Government is serious about a growth agenda then it needs to address the issues we have all raised in the open letter. Namely the appointment of a dedicated minister with influence, clarity of the funding scheduled to replace the previous European funding pre-Brexit, and a strategy that delivers a level playing field across the four nations of the UK.
“We all stand ready to support the UK’s small businesses by providing critical face to face business support but can only do so if the Government is equally committed.”
You can view the letter in full here.