What are Labour’s plans for small businesses and what are others saying?
Labour has vowed to “pull up the shutters” for small businesses with a series of policies to attract entrepreneurs.
– What do the plans entail?
The proposals include guaranteeing small businesses access to high street banking services by accelerating the establishment of banking hubs, as well as an overhaul of the business rates system to help high street shops compete with online giants.
Labour also wants to stamp out late payment of invoices to small businesses by forcing large firms to report on their payment practices, and to “revitalise” high streets by cracking down on antisocial behaviour.
We want small businesses to thrive because they are the backbone of our economy
Sir Keir Starmer
The party wants to
