The United Kingdom’s small to medium sized businesses (SME’S) are the backbone of our economy. They generate almost 50% of our GDP, and employ millions of people in genuinely wealth-creating jobs (Unlike the State sector, for instance). Yet I picked up this casual report on the Beeb that says more and more of these businesses are planning to take an extra break over Christmas purely to try and save money. The benign report finishes by reassuring us that government “has announced new measures to help small firms in the pre-Budget report, including the ability to spread tax bills, and increased access to loans.” Yes, but the government has also delighted in tangling small business up in endless Brownian-generated expensive bureaucracy; the government has systematically raised taxation on small business; the government has imposed expensive liabilities on small business via its ludicrous “equality” agenda. I’d like the BBC to report the ENTIRE picture as to what Mr Broon has done to our SME’s, not this sanitised version.
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