Is the small business sector set to become an election winner?
It seems so each and every day there is a new headline regarding the small business sector, how the sector can be assisted and prospects for the future. This has led many to believe that the small business sector will ultimately decide how a great number of UK voters use their power in the general election expected in 2010.
The government's plan to force banks to increase levels of finance aimed at the small business sector in exchange for rescue capital appears to have backfired in the short term with very little additional funding available over recent weeks. There are grave concerns that many small businesses will go under in the early part of 2009 with the economy set for a further downward move unless serious inroads are made into the finance sector.
Small businesses are the future of the UK economy and while this is an area which is often overlooked there are serious consequences if the sector is not fully funded and assisted into the future. Small businesses are all part of a supply chain which starts with the very smallest companies to the large multinationals which seem to grab more than their fair share of the headlines.
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