Which party will look after small businesses?
There is no doubt that the small business arena is becoming something of a focal point for political parties with the Labour Party and the Conservative party putting themselves forward as the friends of the small business arena. However, which party can small business leaders trust to take them forward and help them in the short to medium term?
Initially it did seem that the Labour Party would be the party of choice for small business leaders but over the last few days we have seen the Conservative party step forward with a number of interesting policies. The recent announcement that the government's 1% increase in national insurance would be scaled back has been well-received by small business leaders and the Labour Party is now on the back foot. However, Lord Mandelson has today attempted to steal the limelight with his suggestion that the Conservative policy with regards to potential national insurance changes is reckless at a time when UK government coffers are very low to say the least.
It has to be said that David Cameron has stolen the upper ground from Gordon Brown and Lord Mandelson in the short-term and the Conservative party is becoming the party of choice for not only small business leaders but also those at the helm of medium and larger sized operations.
Share this..
Related stories
The dangers of overstretching your financial resources
In the boom times it seemed that credit card applications were falling through our doors on a daily basis, loans were freely available on the high street and competition in the mortgage market was intense. Indeed many people were actually applying for and receiving mortgage arrangements of over 100% of the value of the property they were acquiring and using this to refurbish their new homes. In...
Read MoreStock markets concerned about immediate future of UK economy
The reaction to the 1.5% base rate reduction has been very mixed in the UK financial world with some investors happy to see the rate falls to the lowest for more than 50 years and others more concerned about the underlying reasons for the surprise drop. In many ways the surprise 1.5% fall has caused more concern than it has given comfort to markets around the world and in the UK. If the UK economy...
Read MoreAlistair Darling believes the worst is over
Alistair Darling, the Chancellor of the Exchequer, is the latest heavyweight to join a growing band of supporters who believe the UK economy is over the worse. Reiterating his view that the UK economy will move back into growth towards the end of 2009 he has been very vocal at the G8 summit of worldwide financial leaders. Slowly but surely there appears to be an improvement in confidence and forec...
Read MoreIs the interest rate tool effective?
As we mentioned in one of our other articles the interest rate tool is one which has been used by many governments around the world to control local economies. In times gone by there is no doubt that increasing and decreasing interest rates has impacted upon the degree of economic activity and been known to calm down buoyant economies and increase activity in lacklustre economies. However, while i...
Read MoreHow long will it take for the UK economy to recover?
The last few days have seen an increase in the number of sectors struggling to survive and companies making direct appeals to the UK government for state aid. We have seen the banks continue to struggle, retailers overtaken by their online rivals, the construction industry literally falling to its knees and even the once "safe" PFI sector has had to be bailed out by the UK authorities. So how long...
Read More