Chancellor of the exchequer George Osborne has declared the Conservatives as the party for small and medium-sized enterprises (SMEs) at its annual conference in Manchester.
Mr Osborne took to the stage in front of his peers yesterday (September 30th) to talk about what his own parents achieved in business, before saying he wanted to do what he could to help SMEs grow – which in turn would create jobs.
He told the conference that his party would “finish what it started” and help hardworking people start their own businesses, while adding that he was “hugely proud” of his parents and what they achieved when they set up their own manufacturing company.
The chancellor also boasted that the Tories have cut a small business tax imposed by Labour, while exempting the smallest firms from paying rates. He also paid lip service to the Employment Allowance which is set to be introduced next year – which will effectively “take a third of all the businesses out of paying national insurance altogether”.
Posted by the Secret Businessman