Crowdfundinsider reports on the latest Federation of Small Businesses figures. At Money&Co., we certainly share the writer’s point of view:
“In the UK, similar to other parts of the world, SMEs are the engine of economic growth and associated job and wealth creation. According to the Federation of Self-Employed and Small Businesses (FSB);
“These are important numbers to understand. If you do not have an environment that fosters innovative young firms, and entrepreneurs, you risk killing the entire economy. While it may be a slow, lingering demise, the outcome is inevitably not a positive one. Limiting red-tape (regulation), incentivizing investment in smaller firms (think EIS and SEIS) are all policy initiatives that serve the greater good.”
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