Responding to the result of the General Election, Scotland Policy Chair of the Federation of Small Businesses (FSB), Andrew McRae, said:
“We congratulate the new Prime Minister and his team on their decisive election victory – and to all Scotland’s newly elected and re-elected MPs.
“This very clear result gives us hope that political stability can lead to economic stability and recovery.
“Any new government needs to hit the ground running and the first 100 days of this new administration offers a golden opportunity to lay the foundations of sustained small business growth.
“There are many levers the UK government can pull to make Scotland a better place to start and run a small business – easing the cost of doing business and supporting cashflow, employment and investment. These range from tackling poor payment practices by big businesses to their smaller suppliers to giving smaller firms a fairer crack of the whip when bidding for UK Government contracts.
“The upcoming King’s Speech should include a Small Business Bill to enshrine in legislation much-needed changes to better support small firms and the self-employed.
“We’re looking forward to getting down to business and working in partnership with the soon-to-be-appointed ministers – especially the new Scotland Office team.”
ENDS
For further information contact:
Euan McGrory – [email protected] - 07734 509227
Notes to Editors
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The Federation of Small Businesses (FSB) is a non-profit, non-party-political organisation that offers its members a wide range of vital business services, including advice, financial expertise, support and a powerful voice heard in governments. Founded in 1974, FSB celebrates its 50th anniversary in 2024. More information is available at www.fsb.org.uk.
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Micro and small businesses comprise almost all enterprises in Scotland (98%), employ 900,000 people and turn over £82bn.