Small businesses have applied to the UK Treasury for help in finding skilled staff, assist with complicated tax processes and boost UK exports following awareness of skills shortage.
The Federation of Small Businesses’ Mike Cherry, claimed that adequate levels of numeracy and literacy amongst recruits were causing genuine concern. He said, ‘Young people need to be ready and equipped for the world of work”. The FSB has sent George Osborne, Chancellor, a copy of their small business requests ahead of his Budget statement to be delivered on July 8.
A plank in the Conservatives manifesto was the pledge by David Cameron to keep taxes low, cut down on bureaucracy, treble the number of loans to start-ups and invest in small business infrastructure, such as the installation of broadband.
Whilst the FSB have documented record revenue levels for small businesses, with small business productivity growing by more than 1% during the first quarter of 2014, the chairman of the FSB, John Allan, said other supply-side reforms also need to be addressed.
One of these supply-side reforms is greater support from the government for vocational training. The FSB wants school children educated so they understand that apprenticeships are viable alternatives to university educations in the job market. Mr Cherry expressed a desire for small businesses to engage more with school leavers but claimed they did not know how to make contact nor whom to engage with.
If your small business is finding it hard to recruit staff with the requisite skills, get in touch to see if LD Secretarial Services can provide you with administrative support.
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