Small firms demand 'active role' from govt

Date: 21st November 2008

The vast majority of British business start-ups are demanding that the government play a more active role in supporting them.

Research by the software firm Intuit discovered that almost three quarters of business start-ups believe that Whitehall isn't doing enough to help them through the financial crisis.

What's more, nearly two-thirds of firms have stated that they are unhappy with the assistance they have been offered by the banking sector.

Group strategy manager at Intuit, Catherine Harrell, commented: "The government's move is clearly a welcome one.

"There are tough times ahead and small business success will be dependent on a number of factors, specifically ample support from banks."

The investigation found that half of business start-ups felt that their banks could be more supportive by reducing their charges.

Business start-ups that have been affected by the presently challenging economic climate should consider speaking to an accountant for advice.