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12 October 2018

Weekly Brief 41 - Friday 12 October

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.

Insurance stealth tax deters small firms from right choices

Responding to the relaunch of the Association of British Insurers (ABI)'s #IPTsUnfair campaign earlier this week ahead of the Autumn Budget, FSB National Chairman Mike Cherry said that if the Government wanted to encourage responsible behaviour among small firms then further hikes to the levy should be ruled out. The story was covered by FT Adviser.

FSB calls for better access to finance for self-employed in armed forces community

FSB welcomed the -Self-employment and the Armed Forces Community' report that was released this week. The report from the Institute of Employment Research at the University of Warwick, found that self-employment can be a viable and rewarding career path for armed forces service leavers. But it also shows that more support is needed from Government and charities to help more of the armed forces community to start-up and succeed in self-employment. Marking the fifth anniversary of the X-Forces, Mike Cherry gave a speech at the London Stock Exchange.

Counting the cost of calories

Under new plans announced as part of the Government's childhood obesity strategy, it has been proposed that all restaurants, cafes and establishments that sell food will need to display how many calories are in each of their products. FSB would like to know your thoughts on this matter, please contact Jordan Bhatt.

Call for views - high-growth businesses

The ScaleUp Institute has launched its 2018 ScaleUp Business Survey for high-growth firms. This research lays the foundation for a major report each year on businesses that are expanding quickly: assessing the barriers they face and the changes that can be made to help them continue growing. If want to have your say, please take 15 minutes to fill in the survey at this link.

Roundtable for T Levels

The Department for Education is currently developing T Levels - two-year technical study programmes for 16-19 year-olds that will include a qualification and an industry placement. The department will be hosting a series of roundtable events for employers and other key stakeholders to help shape policy around placements. If you are interested in attending these events, please contact Chinara Rustamova.

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