Employment costs lead small businesses to consider cutting staff as the downturn deepens
3 October 2008
Spiralling costs, a lack of credit and having to comply with a raft of employment regulations are forcing some small businesses to consider laying off staff or cut working hours in order to survive the economic downturn, the FPB is warning. The FPB's legal advice line experienced a 68% increase in calls on employment in September. Redundancy is the main issue for FPB members, with 12% of total calls relating to redundancy situations.
Brown’s small business claims undermined by evidence, says business lobby group
24 September 2008
The FPB is rejecting a claim made at the Labour Party Conference by the Prime Minister, the Rt Hon Gordon Brown, who suggested that the million small businesses set up in the UK since the 1997 election have boosted employment.
Small firms could be punished following National Minimum Wage increase
9 September 2008
The FPB is warning that small businesses face being prosecuted and fined thousands of pounds if they do not comply with an increase in the National Minimum Wage (NMW), which will take effect on 1 October 2008. Research carried out by Bibby Financial Services shows that 31% of the small businesses surveyed are unaware of the forthcoming change. more >>
