SMALL businesses across Northamptonshire have been quick to call on new Prime Minister Liz Truss to take action to help their plight.
The county’s Federation of Small Businesses has appealed for “big and bold” decisions on ways to tackle the current economic crisis, including soaring energy costs, inflation and supply chain issues.
In a statement, Jennifer Thomas pictured of the FSB’s Leicestershire, Northamptonshire & Rutland branch, said: “Congratulations to Liz Truss, whose campaign included small businesses, the self employed and unleashing enterprise.
“The challenge now is to deliver action that is big and bold enough to match the scale of the crisis threatening the existence of many small firms, and the jobs, livelihoods and communities which depend upon them.
“Small firms, not protected by an energy price cap, are seeing bills soaring out of control. This is at a time of sky-high taxes, rampant inflation and supply chain disruption, creating a toxic mix which must be addressed urgently.
“Small businesses are crying out for a comprehensive response which cuts taxes, limits spiralling bills, and provides direct cash support for the smallest businesses.
“During the leadership campaign we were pleased that Liz Truss listened to our calls to reverse the recent hike in National Insurance and to look at lifting more small firms out of business rates.
“As she prepares her full package of emergency plans, we are ready and willing to work with the new Prime Minister and her team to protect the UK’s 5.5 million small businesses and the 16 million jobs within them, in communities in all parts of the UK.”
Ms Truss pictured right defeated former Chancellor of the Exchequer Rushi Sunak in the Conservative leadership race to succeed ex-Prime Minister Boris Johnson, winning 57% of votes from Conservative party members. She has pledged to deliver a bold plan to tackle the crisis facing the UK and is understood to be considering a freeze on energy bills.
Labour have said that the UK is facing a “Tory cost of living crisis”.
