Grow bag

FSB warns Chancellor he needs SMBs to help economy grow

Small businesses would be lost without the constant championing by the Federation of Small Businesses (FSB).

There are not many days that go by without an FSB email dropping into my inbox begging the government to do more to help SMBs.

Its latest one is calling for the Chancellor to focus on economic stability to give smaller firms the confidence to grow in his Budget on 23 March.

And it does have a point. Although to be fair to the Chancellor (and I can't believe I just said that) he is trying to stabilise the economy and has been trying to do nothing else since he came to 'power'. The job he faces thanks to the last lot in office is immense.

Anyway - enough politics - I don't want to get carried away and reveal my true feelings for Mr Osbourne et al.........*clamps mouth shut and grits teeth*

According to the FSB, the UK's five million small businesses are the best placed to help the economy grow and pick up the public sector slack as the cuts take their full effect.

Very true - and from some of the small businesses I've spoken to - what is needed is for the banks to have a little more faith and release some of their capital in the form of loans.

That is if they can take a little time out from awarding themselves ridiculous bonuses.