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19 March 2010

Say no to NICS rises, FSB National Chairman tells small businesses

Reference number: PR/2010/15

FSB News Release

PR 2010 15

Issue date: Friday 19 March 2010

Say no to NICS rises, FSB National Chairman tells small businesses

The National Chairman of the Federation of Small Businesses (FSB) today urged small firms to sign a petition to freeze the planned National Insurance Contribution (NICs) rise.

Speaking to delegates in his opening speech at the FSB''s Annual Conference in Aberdeen, Scotland, National Chairman John Wright told delegates that small businesses can help to overturn the proposed NICs hike and urged small firms to sign the petition that has already garnered the supported of business and employment organisations.

In his final speech as National Chairman, John Wright highlighted the FSB''s key achievements over the past year, including: the introduction of a Graduate Internship Scheme; securing a Financial Intermediary Service to help small businesses when talking to the banks and lenders; working to secure finance from the high street banks, including lobbying for a Post Bank; and a real victory for the FSB - the introduction of the Fit Note.

John Wright, National Chairman, Federation of Small Businesses, said:

"The year ahead is still going to be a difficult one for the country's 4.8 million small firms, but it is this sector that is key to getting the economy back onto the road to recovery. We know that putting a tax on jobs through the one per cent planned National Insurance rise is not going to help the country's key employers to take on new staff, and will do nothing to help tackle rising unemployment.

"We have already seen some measures put in place to help small businesses through these difficult times but we need to see more, especially as we move into recovery. As a General Election nears, an incoming Government must give a helping hand to small firms and create an environment that helps small businesses grow and develop. This year''s conference is being held at a perfect time for small businesses across the country to come together and support one another ahead of the General Election."

ENDS