30November2020

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• 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

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·         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

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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:

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