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15 June 2018

Weekly Brief 24 - Friday 15 June 2018

A wrap of the week’s small business news from FSB’s Westminster Press, Policy and Public Affairs Office. To sign-up for Weekly Brief emails, please use this link.

Concern over continued bank branch closures

Questions have been raised over the continued closure of bank branches across the country. National Chairman Mike Cherry explained that the closures not only meant that customers couldn't bank in person, but that access to cashpoints was also being squeezed, which has had a knock-on effect to high street footfall.

FSB award winner to open London Stock Exchange

The winner of the FSB Small Business of the Year, Creative Nature's, Julianne Ponan, will officially open the London Stock Exchange on Monday 18 June in front of dozens of guests, including National Chairman, Mike Cherry.

Call for support to help double UK exports at IBF 2018

Mike Cherry called for targeted support from Government, the private sector, finance industry and business organisations to help more than a million small firms and start-ups embrace exporting for the first time. Speaking at FSB's headline event at the International Business Festival 2018 in Liverpool on Tuesday, he said the number of small businesses currently exporting - one in five - is matched by those that would consider doing so.

Parliamentary Mentions

In a debate on business rates this week MPs reiterated FSB's call for the Government to speed up help for small firms facing unacceptable increases. The Financial Secretary Mel Stride said that the Government was looking at different ways of taxing online platforms, but had championed small business rates relief. 

Queen's Awards applications open 

Applications for the Queen's Awards for Enterprise are still open. First established in 1966, the awards recognise and encourage outstanding achievement in innovation, international trade and sustainable development. For more information and to apply, click here. 

Trump tariffs take hold

After the introduction of tariffs on steel and aluminium by US President Donald Trump, the Department for International Trade has issued advice to businesses in the UK which have been affected by them. The information, including the Government and EU response can be found here.

Join FSB's Transport Committee

If you have expertise in transport policy issues affecting small businesses, and would like to help shape FSB's work in this area, please get in touch with Will Black (will.black@fsb.org.uk).  Our work on transport policy covers a range of important topics, including road, rail and aviation.  

Join Big Voice and make your business heard

Big Voice is FSB's unique online research community and it's free for members to join. By responding to one of our surveys, members give us the evidence we need to engage with politicians around the world on the subjects that matter to small firms. Join for free to make sure your voice is heard.