David Cameron sets the focus on small business
By Richard Tyler
Published: 7: 59 PM GMT 01 November 2010
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David Cameron: the Prime Minister wants to do "everything that we can do" to help small businesses photo: AFPDavid Cameron has asked Young, Lord Graffham him give a brutal "honest" assessment of what the Government should be doing to help people put in place and running small businesses.
Counterpart of the life of former Secretary under Margaret Thatcher, industry said that it would consider "just" affecting small businesses, including employment and pension regulations.
To give businesses a hotline number 10, Lord Young will launch an online portal to receive complaints from business and discuss problems.
"" We will set up a Web site soon for businesses communicate directly the problèmes.Il will not a social website but it could get enough social ", he said."
Appointment of Lord Young coincided with a series of initiatives by Whitehall departments designed to facilitate the life of small businesses.
Francis Maude, the Minister for the Cabinet Office said would remain the central pay 80pc of small and medium-sized enterprises (SMEs) provider Government policy invoices with five working days."We want more Government Affairs to go to SMEs", he said.
Companies with few assets can access regime guarantee company finances flagship for the next four years, Vince Cable, said Secretary ready guarantee scheme .the company commits the Government to 700 m £ guarantees this year, falling to 600 million pounds of year-round prochaine.Il allocated £ 1 to plan for the next three years.
Minister Mark Prisk also said that m £ 200 to be invested funds will invest in companies with strong potential croissance.M publicly-backed equity.Prisk said that the Government intends to increase the size of these funds, which, in the past, have attracted generally between m £ 25 and 40 m £ public funds.
Lord Young of the labour law review will include considering double length of a person has to work for an employer before they can bring an action for unfair dismissal to 24 mois.Il said that it would examine also the burden on small businesses decision week last requiring all employers to provide a personal pension 2016.
He said that the objective is to encourage small business owners to hire more people. ""Back to the beginning of the 1980s when we had restrictions of use very broad, removed us and employment rose," he said.
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