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Support Issued To UK Small Businesses To Minimise Potential Disruption From Coronavirus COVID-19 Outbreak By FSB
• Small businesses given help to have an up to date business continuity plan (BCP)
• Just one in three small businesses has a BCP
• Package of advice and benefits on cashflow, insurance, legal, health and medical
· Almost a third (30%) of small businesses on the high street are helping to address key issues by being part of the local initiatives such as BIDs, with another one in six (17%) wanting to get more involved
· Almost a third (30%) of small businesses on the high street are helping to address key issues by being part of the local initiatives such as BIDs, with another one in six (17%) wanting to get more involved
- Small firms in rural areas are generally more positive (50%) about their high street compared to those in urban districts (35%)
- 70 per cent of small businesses on the high street say that enhanced parking would make the biggest positive difference to them
- 38 per cent of businesses would not survive without business rates relief
Responding to the announcement that the number of underlying company insolvencies in Q2 2019 increased by 2.6% to the highest level since Q1 2014 in England and Wales, Federation of Small Businesses (FSB) Policy & Advocacy Chairman Martin McTague, said:
