FIELDREPORT
A Conservative Majority Government- Implications for the golf trade?
What will the outlook be for small business and retailing as a result of a surprising Conservative majority election victory? Top to Toe’s Michael Bloom finds out more
pollsters had been clearly pointing to a hung parliament.
T Discussion focused heavily on potential
coalitions, the potential power struggles and policy compromises. However all the predictions proved to be wrong as the outcome was overwhelmingly a Conservative majority government for the next parliament. That majority government means reduced uncertainty for business and an easier analysis of what a Conservative government will mean for retailers, small businesses and independent sports retailers in particular. Firstly, will government policy have any
impact on the demand for sports and recreation equipment and participation rates? There is
he General Election on 7th May now seems like a distant memory. Until the BBC exit poll, all the analysis, experts and
It is estimated
that small businesses are owed £32bn in late payments, but are oſten unaware of their rights or are unwilling to take legal action, fearing they may lose business and fall out of favour with larger organisations
little new information to be found on government sports policy. There is a continuing general philosophy of
making sure that as many people as possible are playing sport, which is a woolly statement, so for
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the moment we’ll have to watch how sports policy unfolds. However in terms of operating a small
business, there is much to discuss. The Conservatives are seen as the party for business and entrepreneurs, and it looks like they will be tackling business issues early in their term of governance. The Conservatives launched their small
business manifesto a week before the General Election and this is now the charter on which they plan to move forward. Many of the manifesto pledges will be covered by the proposed Enterprise Bill, launched by the new Business Secretary Sajid Javid. Supporting Javid will be a new junior
Business Minister, Anna Soubry who said: “This will be a no nonsense bill to back small businesses. We will be asking businesses for evidence in the coming weeks and months. We want them to be our partners in identifying and scrapping needless burdens at home and in Europe. “It’s important government gets behind small
businesses – enabling them to get finance, get paid on time and get rid of red tape.” Summarised below are the key features of the Small Business Manifesto and Enterprise Bill; will the proposed changes make any difference to your business?
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