On 31st July, the UK Government published its Small Business Plan – a new package of universal reforms and targeted support interventions designed to ensure that small and medium sized enterprises (SMEs) can grow and thrive.
The document – known in full as “Backing Your Business: Our Plan for Small and Medium Sized Businesses” – sets out a long-term direction for UK Government support for smaller firms, with measures aimed to support growth and productivity improvements for SMEs and improve the operating environment to start and run a business.
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