THIS Saturday is Small Business Saturday, a day to promote local businesses and celebrate the crucial work they do in creating wealth and supporting local jobs.
Small businesses are collectively Britain’s biggest employers and although we have seen lots of chain stores collapse under the Tory triple-dip recession, Wallasey still has a surprisingly large number of local retail hubs – from Poulton to Moreton Cross, from Liscard to New Brighton, etc.
I’m proud to represent such a vibrant and entrepreneurial constituency and people across Wallasey understand the value of shopping local.
Most of the jobs of the future are going to be created in a large number of small businesses, not a small number of large businesses. And most of the new jobs that British people will be doing in 15 years’ time will be in new companies.
That’s why we have to support our small businesses, the vibrant, dynamic businesses that will create wealth in Britain, and there’s no reason why one of those businesses cannot come from Wallasey.
But small and independent businesses can only grow with a government working for them and not for the few.
Since 2010, 80,000 big businesses have already benefited to the tune of £6bn in reductions in corporation tax under the Tory-led coalition government, while 1.5 million small firms, often family-run firms, will have seen their business rates rise by an average of almost £2,000 by the 2015 and rates are often higher than rent these days.
Labour is calling for the Government to reform business rates so that small businesses can grow and not have to pay the price for the banking crash through higher taxes.
Individually we can make a difference by choosing to support local businesses with our custom.
Shopping locally is often being local in a much broader sense as these businesses usually employ local staff and often source stock locally too, with the local green grocer buying produce from local farms etc, so your money is recycled in to the local community and helps to support more jobs.
As we approach the busiest shopping period of the year, give local businesses a chance and spend your hard earned cash with them.