The latest SME Confidence Tracker finds that while optimism is up post-election, small business leaders are urging government to address crucial financial barriers for growth.
Derek Ryan of BFS warned that despite SMEs feeling ready to invest, the Prime Minister's 'painful' budget warning threatens to undermine this confidence.
While the Labour Party's finance proposals appear promising, experts stress the urgent need for clarity regarding tax policies and support for sectors like technology, which have seen reduced investment.
With 87% of SMEs requesting better tax incentives, and 80% needing improved educational resources for funding, the finance landscape is evident as a significant barrier.
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