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AFRICAN ECHO BUSINESS NEWS
Complied by Cass Gilroy-Business Editor

Brown's last budget must be his best, says FSB

The Federation of Small Businesses has presented its Budget submission to the Treasury on behalf of its 200,000 members, seeking to better inform the Chancellor on how he can continue economic growth through effective assistance to small employers and the self-employed.

The FSB noted in particular that twenty five per cent of FSB members encounter problems with new recruits lacking basic literacy and numeracy skills.

These skills are the foundation on which the success of the UK economy is built. Without them businesses struggle to recruit and grow and young people cannot achieve their ambitions.

The FSB believes that this failure in the school system should be an urgent priority for the Chancellor. The education system should provide people with the necessary basic skills - this should not be the role of the employer.

In spite of the growth of the small business sector an increasing number of businesses are choosing not to employ staff. This is because onerous employment legislation is putting businesses off employing people. Thirty five per cent of FSB members have chosen not to employ anyone, citing employees as 'too much of a risk'.

 

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