Creative Coworking: Your Business and Your Vote

Today will see the most unpredictable election in a generation. The big issues of this campaign have spectacularly failed to include small business, so we thought we’d tackle all the manifestos head on and find out who’s doing what to help people like us!

The Tories

The Big Small-Business Pledges:

Business rates ‘review’
Treble the number of Start Up Loans giving 75,000 entrepreneurs the chance to borrow money to boost their businesses.
‘Help to Grow’ scheme providing guarantees to banks offering loans to fast-growth businesses
Referendum on Europe, the result of which could have huge ramifications for small businesses
Increase the National Minimum Wage to£8/hour

Labour

The Big Small-Business Pledges:

Cut business rates and freeze them for around 1.5 million small businesses across the country
Set up an investment bank and network of local banks that will aid small and micro businesses looking to grow
Increase the National Minimum Wage to£8/hour

Lib Dems

The Big Small-Business Pledges:

Replace business rates with a land-value tax
Prioritise SMEs for any business tax cuts

UKIP

The Big Small-Business Pledges:

Crackdown on late payments by big business to small.
20% rate relief on properties with a ratable value up to £50 000
Exemption from certain compliance rules for SMEs including displaying weights and measures in metric
Leave the EU