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Economic Development

Small firms call on Government to get "back to business" after Brexit distractions

FSB wants action on late payment, business rates and red-tape

Mike Cherry, chair of the Federation of Small Businesses

Reform of business rates, action to crack down on late payment and help for º£½ÇÊÓÆµ High Streets are among the election demands of the country’s leading small business organisation.

The Federation of Small Businesses (FSB) has issued its General Election manifesto with a call for the Government to get “back to business” after the three-year distraction of Brexit.

The manifesto urges policymakers to back the self-employed with adoption, maternity and paternity pay, provide help for businesses wanting to access finance, and cut unnecessary red-tape.

It has been issued after FSB research last week showed that business confidence among sole traders had been in negative territory for five consecutive quarters.

FSB chairman Mike Cherry said: “For the last three years, the interminable uncertainty around Brexit has dragged focus, attention and imagination away from the task of helping the º£½ÇÊÓÆµ’s 5.8m small businesses to survive, grow, and enhance our communities.

“It’s time to get back to business.

“We are urging all candidates standing at this election to listen to, and make every effort to understand, the challenges faced by small firms in the communities they hope to represent.”

On late payments, the FSB said 50,000 businesses a year are still being destroyed by the issue.