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FSB calling for £1bn crisis fund

14th November 2008

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A SPECIAL fund must be created to support fragile ventures and protect jobs during the economic downturn, according to the Federation of Small Businesses (FSB) Yorkshire and Humber Policy Unit.

The unit is calling on the Government to establish a £1bn fund, which would be supported by the European Investment Bank, to help stem the number of business closures now standing at 40 daily nationwide.

Firms caught between rising overheads, late payments and a lack of funding would then be able to draw funds downs as ......for the full story register now for free or login below...


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