'Small firms want more support from the government'

News Article - 29 October 2007
Category: Business

Three-quarters of entrepreneurs think the government's efforts to aid small businesses are insufficient, reveals a new poll by BT Business.

The most prevalent issue mentioned, with 75 per cent expressing concern, was that regulations need to be simplified. Of those surveyed, 70 per cent thought the government needs to cut business taxes.

Entrepreneurs also called for greater incentives and better advice and support.

Shadow minister for business Mark Prisk said: "Corporate taxes are due to rise, there are now the equivalent of 14 new regulations every working day and now the chancellor wants to nearly double his tax hike on capital gains."

He explained that it was no wonder small businesses felt the government had failed them.

According to the poll, firms in the north west of England and Scotland felt least supported, with 85 per cent and 89 per cent respectively calling for greater assistance.

Article keywords: entrepreneurs, small business, bt business

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