FSB released its Local Election Manifesto in 2018 with a clear ask of all London’s 33 Local councils: Think Small First
With 96 per cent of businesses in the Capital being made up of microbusinesses (fewer than 10 employees), the FSB London Manifesto shines a light on the need for changes in procurement practices in Councils that support the local supply chains.
FSB London is calling for:
- A considerable increase in the number of contracts (over the four year period) at Borough level which are aimed at micro and small businesses.
- Councils to shine a light on poor payment practice and ensure that prime contractors pass on the payment terms of the council to their subcontracted suppliers – by building this into their contracts and monitoring if this has been fulfilled.
Further measures in the Manifesto include:
- Carrying out greater consultation on parking policies as a recent FOI request showed that the average business parking permit in London had increased by 81% over a ten year period.
- Boroughs supporting business calls to create an ‘Inner’ and ‘outer’ London Small Business Rate relief Threshold that takes into consideration the high cost of doing business in London.
- Having a designated councillor in all 33 councils to be a ‘Small Business Champion’, reporting to council quarterly on engagement, initiatives and feedback from the local small business community
- Helping small businesses to identify available support to take on apprentices, such as financial assistance and guidance
- Boroughs consulting on, and introducing, Article 4 Directions to protect local stocks of small business space from office to residential conversion.
FSB London Local Election Manifesto