Majority government brings hope of stability to small firms

Friday December 13th, 2019

The Conservative Party has won a clear majority of seats in the House of Commons. During the election campaign, it committed to helping votesmall firms by:

Ending the late payment crisis by introducing a reform package put on pause by the election.

Helping small firms with spiralling labour costs and expected Living Wage rises by increasing the Employment Allowance.

Extending and expanding existing business rates discounts, while launching a review aimed at reducing the financial burden of rates.

Launching a self-employment review to help those struggling to access pensions and mortgages.

Improving infrastructure, with an ambition to deliver full-fibre, gigabit broadband and investing £2 billion to fill in potholes that blight our local road network.

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