Posts Categorized: Government

Open Letter to the Next Prime Minister

In our view, there should have been immediate plans to boost British businesses in the manifestos. The next Government, regardless of its political persuasion, must prioritise support of the millions of start-ups, scale-ups and entrepreneurs around the UK. These are the job creators that will continue to fuel the economy, improve productivity, exploit trade opportunities,… Read more »

Three policy changes all entrepreneurs should know about

In his article for Tech City News, Philip Salter looks beyond the EU referendum vote to see how other policies from last year will effect the tech community over the country in 2017. The three biggest changes to look out for are: The Uber ruling, and how we define workers, the self-employed and the employed, as… Read more »

Local councils fail to support business growth

A report by the Business Census 2017 showed that most businesses feel local council support is getting worse, with 7 out of 10 of businesses feeling let down. The areas that were most unhappy were the East of England and Northern Ireland, whereas London and Scotland were most content with support. Philip Salter, founder of The Entrepreneurs… Read more »

Local government business support has dwindled

The support that local governments give to businesses has weakened this past year, according to a survey by Business Census 2017 Report, with now 70% of businesses unhappy with the help. The survey also found that increasingly businesses are concerned about the global state of politics, although the majority surveyed have not been affected by Brexit so… Read more »

We can’t afford to lose the Enterprise Investment Scheme

Lord Howard Flight recently wrote an article for Conservative Home, stressing the importance of continuing the Enterprise Investment Scheme. The EIS offers tax incentives for high risk equity investment in SMEs, and has been crucial to the success of entrepreneurship in Britain over the last decade. Flight references the Entrepreneurs Network’s study – which found… Read more »

The Autumn Statement – three entrepreneurs react

As the new chancellor has just released his first Autumn Statement, Philip Salter interviews three entrepreneurs to see how they think it will impact small businesses, freelancers and the self-employed. Overall, although the chancellor’s commitment to honour the drop in corporation tax will be welcomed by many, there are still concerns that particularly small companies will be vulnerable… Read more »

Barclays report shines the spotlight on British start-ups

A new Barclays report has showed that the UK had a better environment for growth in the months leading up to the referendum than at any other time since 2011, due to access to finance, improved regulation and increased research and innovation. However, as Annabel Denham writes in Huffpost Politics, the environment for British entrepreneurship is… Read more »

£400m venture capital boost will help, but we need to support growing firms even more

Chancellor Philip Hammond announced in the Autumn statement his plan to pump £400m of venture capital funds into the British Business Bank, unlocking £1bn of new finance for growing firms. Philip Salter responded in an article for Real Business: Philip Salter, director of The Entrepreneurs Network, said: “£400m into venture capital funds through the British Business… Read more »

Small Business Taskforce have no easy task

The Telegraph has reported on the creation of the Small Business Taskforce – a group of organisations, including The Entrepreneurs Network, who have come together to champion SMEs in the UK. The Taskforce is key to protecting British businesses as it offers ministers a “sounding board” so they may understand how new regulations will effect businesses before they come into place. The… Read more »