Evening Standard

What are Labour’s plans for small businesses and what are others saying?

Source: PA Wire

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

You’re reading a preview, subscribe to read more.

More from Evening Standard

Evening Standard3 min read
Tory Big Beasts Fall: Liz Truss, Penny Mordaunt And Grant Shapps Lose Seats As Record Number Of Cabinet Ministers Go
Sir Robert Buckland has become the first Tory big beast to lose his seat. Labour stormed to victory in the seat of Swindon South, with Heidi Alexander earning 21,676 votes to Sir Roberts’ 12,070. Reform UK finished in third place with 6,194 votes. Mr
Evening Standard3 min readPolitical Ideologies
Allister Unseats Paisley In Shock Victory In North Antrim
There has been a “seismic political earthquake” in North Antrim, TUV leader Jim Allister said as he was elected the constituency’s MP. It meant Ian Paisley Jr lost the seat he has held since 2010, in a shock end to a family dynasty in the region. Mr
Evening Standard5 min read
Labour Victory Signals Demise Of Rwanda Plan But At What Cost?
The Labour election victory signals the demise of the Conservatives’ stalled multi-million pound plan to send migrants to Rwanda, without a single asylum seeker being deported from the UK. Described by critics as an “Alice in Wonderland adventure tha

Related Books & Audiobooks