Close Menu
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing & Mental Health
  • Marketing
  • HR & Recruitment
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
X (Twitter) LinkedIn YouTube
Trending
  • 5 ways employers can supercharge their workforce with apprenticeships
  • Take Control of Your Business Finances: “Know Your Numbers” Workshop
  • Planned or reactive maintenance: Which is best for your business?
  • Putting information security first is your first step to building digital trust.
  • Why the crackdown on late payments could be a turning point for SMEs
  • MPs bring Google training to regions outside London
  • Nearly Half of London Start-Ups Unfamiliar with Tax Obligations, New Analysis Reveals
  • AI isn’t just for the big players: How SMEs can effectively leverage AI
X (Twitter) LinkedIn YouTube
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • News
  • Home
  • In Profile
  • Finance
  • Legal
  • Technology
  • Events
  • Features
  • Wellbeing
  • Marketing
  • HR & Recruitment
SME Today
  • About
  • Advertise
  • Events Calendar
  • Business Wall
  • Subscribe
  • Contact
  • 0843 289 4634
  • Twitter
  • LinkedIn
  • YouTube
  • RSS
You are at:Home»News»Election 2024: Parties will need to compete for the votes of millions of small business owners

Election 2024: Parties will need to compete for the votes of millions of small business owners

0
Posted By Greg Robinson on May 22, 2024 News

As the Prime Minister calls for a General Election, the focus on small businesses becomes more critical than ever. The Federation of Small Businesses (FSB) emphasises the importance of these enterprises in the UK economy, highlighting their significant role in job creation, innovation, and economic stability. With 5.5 million small firms and an additional 16 million individuals employed by them, small business owners and their employees form a substantial and motivated segment of the electorate. As political parties vie for their support, they must present robust, pro-growth policies to address the unique challenges faced by small businesses and promote an environment conducive to entrepreneurship and business expansion.

Responding to the Prime Minister’s announcement of a General Election, National Chair of the Federation of Small Businesses (FSB), FSB’s National Chair Martin McTague said:

“Small business owners and self-employed people across the country will be looking for which party puts forward the most compelling pro-growth, pro-business policies to stimulate the economy and encourage entrepreneurship.

“The hard-working voters running the UK’s 5.5 million small firms are a large and motivated section of the electorate. A further 16 million voters are employed by small businesses.

“There will be fierce competition for their votes at this election, and those competing will need a convincing plan to bring down the cost of doing business, support small businesses to grow, and create the right conditions to encourage new businesses to start up. As the campaign begins, each party will need to put forward a clear small business offer or manifesto.”

Small businesses are the backbone of the UK economy, contributing significantly to job creation, innovation, and economic stability. They represent 99.9% of the business population and generate over half of the country’s private sector turnover. By fostering competition and providing a diverse range of products and services, small businesses not only meet local needs but also drive national economic growth. Their success is crucial for maintaining a balanced and resilient economy, especially in times of economic uncertainty.

Moreover, small businesses are vital for community development and social cohesion. They create local jobs and reinvest profits within their communities, supporting local suppliers and contributing to the social fabric of towns and cities across the UK. By offering personalised services and fostering close customer relationships, small businesses help to sustain vibrant and dynamic communities. Recognising and supporting the unique role of small businesses in the economy will be essential for any political party aiming to secure their votes in the upcoming election.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

MPs bring Google training to regions outside London

UK Businesses Are Suffering From The Tariff Turmoil

Dementia Advocate Shares Tips For Supporting People With Dementia When Flying

Comments are closed.

Follow SME Today on Linkedin and share all the topics you find interesting
ISO/IEC 27001 roadmap: A practical guide for UK SMEs
ISO/IEC 27001 roadmap: A practical guide for UK SMEs
Are you a Company Director?
Are you a Company Director - Verify your identity
Personal Pension offer
Events Calendar
    • Marketing
    September 9, 2025

    SEO 101 for SMBs: Reaching Customers with the Right Visuals

    August 29, 2025

    OneMetric forms strategic partnership with RevOps expert to drive UK growth

    • Finance
    September 17, 2025

    Take Control of Your Business Finances: “Know Your Numbers” Workshop

    September 16, 2025

    Why the crackdown on late payments could be a turning point for SMEs

    • People
    September 11, 2025

    New Chief Revenue Officer joins CBS to drive strategic growth

    August 14, 2025

    A Life Worth Saving – A Tribute to Dame Stephanie Shirley CH, 1933–2025

    • Health & Safety
    September 2, 2025

    1 in 3 employees anxious about lack of first aiders at work

    July 1, 2025

    Temperatures Soaring: Is Your Workplace Becoming Unsafe?

    • Events
    September 9, 2025

    Nominations for the 2026 Bold Woman Award by Veuve Clicquot open

    July 22, 2025

    South West Expo Delivers Outstanding Event at Swindon’s STEAM Museum

    • Community
    July 11, 2025

    Building community, one cause at a time

    June 23, 2025

    Celebrating One Year In Fairford Supporting The Community

    • Food & Drink
    August 22, 2025

    How to get stocked by major retailers as an SME

    July 18, 2025

    Warning to Small Businesses Over New Food Waste Regulations

    • Books
    September 3, 2025

    New book on conquering fear of public speaking

    August 7, 2025

    Learning to Leave a Legacy in Business

    The Newsletter

    Join our mailing list for the best SME stories, handpicked and delivered direct to your inbox every two weeks!

    Sign Up
    About

    SME Today is published by the same team who deliver The Great British Expos’. We have been organising various corporate events for the last 10 years, with a strong track record of producing well managed and attended business events across the UK.

    Join Our Mailing List

    Receive the latest news and updates from SMEToday.
    Read our Latest Newsletter:


    Sign Up
    X (Twitter) YouTube LinkedIn
    Categories
    • Books
    • Community & Charity
    • Education and Training
    • Environment
    • Events
    • Features
    • Finance
    • Food and Drink
    • Health & Safety
    • HR & Recruitment
    • In Profile
    • Legal
    • Marketing
    • News
    • People
    • Property & Development
    • Sponsored Content
    • Technology
    • Transport & Tourism
    • Wellbeing & Mental Health
    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Editorial Submission Guidelines
    • Privacy
    • Contact
    Copyright © 2025 SME Today.
    • ABOUT SME TODAY: THE GO TO RESOURCE FOR UK BUSINESSES
    • Editorial Submission Guidelines
    • Privacy
    • Contact

    Type above and press Enter to search. Press Esc to cancel.