SMEs are the backbone of our economy. They account for 16.7 million of our workforce. They are vital to the wellbeing of our country and communities.
That’s why we recently conducted research amongst the SME community. 1,793 participated and the results of the survey [link] are now being used by us to call on government for more support for SMEs.
We wrote to Boris Johnson and Rishi Sunak just last week calling for additional support for SMEs and we are delighted to see that a 100% government backed loan has now been introduced.
But we also know this is not enough in itself. More support and more measures are needed; we know that many businesses need to see an end to the lockdown but are worried about the impact on any ongoing social distancing measures.
That’s why we will keep lobbying the government on behalf of SMEs. Please do keep telling us what you need so in turn we can do our bit to help you.