Small Business Saturday to promote local businesses
News / Fri 6th Dec 2013 pm31 04:22pm
In January of this year, Labour’s Shadow Business Secretary Chuka Umunna was the first to call for a UK version of Small Business Saturday, which has been a success in the US for some years now. In short, people are encouraged to use local shops on what is one of the busiest shopping days of the year.
Suzy Stride, Labour’s Parliamentary Candidate for Harlow, said: “I think it’s a brilliant initiative and I’ll be supporting it here in Harlow, where we boast some truly brilliant small, local and independent businesses.
“Small businesses make up more than half of our economy and they are the driving force behind future jobs and growth. It’s amazing to think that most new jobs in the next 15 years will be created by businesses which don’t yet exist.
“So, if you’re doing Christmas shopping this Saturday, why not try a local shop? If you’re placing an order for a service, use a small provider. Take a moment to thank those who work hard, take a risk, providing that level of personal service which you can’t get elsewhere.”
Earlier this year Labour committed to cutting business rates in 2015 and freezing them in 2016. The funding for this would come from not going ahead with the Government’s planned corporation tax cut for multinationals in 2015, which – if it happened – would actually only benefit under 2% of British business.
The average saving from Labour’s plan to cut and then freeze rates would be around £450 on 1.5 million properties – workshops, start-ups and shops.