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01 July 2016

Weekly Brief 26 – Friday 1 July 2016

Brexit – what next?
FSB has set out a small business agenda for the EU negotiations and will develop this further over the coming months. Priorities include access to the single market, freedom of movement, future of EU funded schemes and clarity on the future regulatory framework. FSB has continued to push for the Government and Bank of England to provide economic stability. We gained a lot of coverage as the voice of small business this week, including Sunday Telegraph, FT, CityAM, BBC as well as on BBC News, BBC Breakfast, CNN, Bloomberg TV and LBC Radio.

FSB meets with Sajid Javid
On Tuesday, FSB National Chairman Mike Cherry attended Business Secretary Sajid Javid’s business summit with other UK Business groups. FSB stressed the need for immediate action to reassure smaller firms so they can continue to trade and do business. We have also written formally to Cabinet Office Minister Oliver Letwin MP. And we are working with FSB Scotland, Wales, Northern Ireland and our sister organisation in Gibraltar to ensure their specific concerns are addressed, such as the border issue and EU funding.

What does the #EURef result mean for your business?
If your business is affected by the decision to leave the European Union and you would be happy to talk to media about this, please contact the press office.

Heathrow expansion decision delayed
FSB is hugely disappointed  that no decision will be made on increasing UK airport capacity until at least October, when a new prime minister is in place. FSB has always advocated for a swift decision on airport expansion - which will boost exports, jobs and growth across the UK. FSB will be engaging with all candidates for prime minister, and all parties, to tackle airport expansion when the new prime minister takes office in 10 weeks’ time. This gained coverage in Daily Mail , Daily Express Daily Mirror and Evening Standard.

FSB scoops award at IFB2016 closing dinner
FSB was thrilled to win the Festival Engagement Award for our role in helping to make the International Festival for Business 2016 in Liverpool a roaring success. FSB held one of the major events at IFB2016, featuring Business Secretary Sajid Javid as keynote speaker and a range of leading expert panellists. FSB also organised two further events as part of the official festival fringe programme.

FSB exports reception with Lord Price CVO
FSB would like to invite members to an evening reception in the prestigious Admiralty House at the heart of Whitehall on Monday 18 July. Attendees will have the opportunity to network with small business exporters, meet UKTI trade advisors and hear the findings of a new FSB research on how Government can create the very best environment to get Britain’s small businesses exporting.

HMRC to trial new service
HMRC is launching a new digital service in October to promote Tax Advantaged Venture Capital (TAVC) schemes that should simplify the application process for TAVC schemes including the Enterprise Investment Scheme, the Seed Enterprise Investment Scheme and Social Investment Tax Relief. HMRC is looking for FSB members who would be willing to trial the service from July onwards. If you are interested in providing feedback to improve the site, please email Ashley Newnes or Christopher Meadows.

Road network issues?
Highways England has launched an online mapping tool for road users to flag issues with the network. The online tool can be used to provide feedback on current issues, like congestion and noise issues, as well as future pressures such as likely growth areas. Any information you share will help them plan future investment.

Parliamentary Update
David Rutley, MP for Macclesfield, spoke about the FSB during consideration of the Finance Bill on Tuesday. He referenced FSB’s statement regarding the lowering of the corporation tax rate, saying it is an important statement of intent that will provide a boost for affected firms.

Have your say on the National Living Wage

You can now have your say in our latest survey about the impact of the National Living Wage. If you're a member, sign up to the Big Voice community for free and share your views on this change.

Join Big Voice and get your business heard
Big Voice is FSB's unique, online research community and it's free for members to join. By commenting or responding to one of FSB's surveys, members give us the evidence we need to take to politicians at all levels, across the UK and in Brussels on the topics that really matter to them. This evidence is used to support FSB lobbying and help shape the laws affecting small businesses. Join for free and start making sure your voice is heard.