small business news

self-assessment deadline extended

Sole traders, entrepreneurs and other individuals who are required to fill out self-assessment tax returns will not receive a late filing penalty if they make their submission on the 1st or 2nd of February.

schools must develop entrepreneurs

The Forum for Private Business has called for schools to play a leading role in encouraging entrepreneurship amongst young people.

google targets welsh SMEs

Search engine giant Google has announced a 12 month campaign to get businesses in Wales to start using the web.

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Lord Sugar’s first speech not so sweet

november 2009

Small Business champion Lord Alan Sugar has caused upset amongst SMEs with his first speech to the House of Lords.

In his speech, Lord Sugar spoke out against entrepreneurs, stating that “Government and banks can’t just write out blank cheques to anyone who thinks they have a good idea”.

This comes shortly after his criticisms of SMEs that "have lived in the unrealistic Disney World in the way banks dished out money".

Organisations such as the Federation of Small Businesses (FSB) and the Forum for Private Business (FPB) have previously voiced their concerns over the appointment of Lord Sugar to the House of Lords as an enterprise tsar, as many feel it was a populist move, and not designed to further the interests of small businesses.

Lord Sugar’s recent remarks certainly indicate that he has little sympathy with the argument that SMEs are struggling because of a lack of available credit.

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