Gordon Brown and Fail to Help Small and Medium Sized Employers Time after Time

Lots of business owners including myself were upset with the Pre Budget announcement .

I had wished that Alistair Darling would have helped small businesses and treated the essential issues such as the actual wretched state of the public finances, Public sector Pay, helping and supporting businesses, encouraging saving and investment and encouraging the banks to be practical about lending to businesses.

Like most business proprietors I concur that we need to have a mixture of tax increases expenditure cuts.

The old statement from the government is that rapid cuts in spending would hurt the UK economy and the recovery. My view is that although wholesale fast cuts could cause a problem with the recovery, the timescales proposed is just a little too late.

It seems that the Chancellor is just toying around the edges of any reform and does not want to rock the boat too much before an election.

The effect of accelerative public borrowing can be seen when you look at the Irish Economic State of affairs. The once Celtic tiger has had its claws removed. Present-day cuts in earnings are a realism along with bruising proposals to trim back public borrowing.

I nearly choked on my supper on wednesday, whilst watching the six o clock news. Local Government employees were about a ceiling on salary increases of 1%.

I would much rather be in that situation, as opposed to being employed for local government or public sector in Ireland.

Many small small and medium sized directors have actually taken pay cuts in the last year, due to the economic slowdown.

As Independent Financial Advisers we offer a Small Business Service to our clients on a weekly basis. I would have chosen to see a more basic approach to sustaining as they are an key part of the economy.

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