Anneliese Dodds, MP for Oxford East has called for more support for small businesses during a ‘Small Business Saturday’ visit in Oxford.
According to the Federation of Small Businesses, SMEs make up 99% of the business population in the UK. Small Business Saturday celebrates small business success and encourages people to ‘shop local’ and to support businesses in their communities. This year it is calling on the nation to share a ‘big thank you’ with small firms and to recognise their vital role throughout the pandemic.
Anneliese highlighted the work done by small businesses during the pandemic, and how the likes of Ideal Beds and Carpets are crucial to the local community and Templars Square as a shopping destination.
Labour has recognised the support that small businesses need to recover and thrive. This is why the party has pledged to cut and eventually entirely scrap business rates, replacing them with a new form of business taxation fit for the 21st Century. This would help small businesses to rebuild after the pandemic and would level the playing field between online giants and bricks and mortar businesses.
Anneliese Dodds, Labour MP for Oxford East said:
“I am delighted to support Small Business Saturday again this year. Small businesses do so much for Oxford – providing jobs, training and supporting economic growth.
“I know that businesses like Ideal Beds and Carpets have faced massive adversity over the last 18 months, and now face further challenges like supply chain issues and soaring energy costs.”
“Labour understands the support that small businesses need, and this is why we have pledged to scrap business rates and replace them with a fairer alternative. This will be the biggest overhaul of business taxation in a generation, supporting our small businesses to rebound from the pandemic, while rebalancing the playing field between bricks and mortar businesses and online giants.”