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Three in five small firms feel neglected by Labour – survey
The Journal
|June 27, 2025
THREE out of five small business owners feel neglected by the Labour government, a survey has revealed as an increasing number of firms voice concerns about their struggle to survive.
Small and medium-sized enterprises (SMEs) are urging Westminster to implement additional measures to support businesses, with 57% fearing they may not last the next year - a significant increase from 50% last year.
These worries, disclosed in Virgin Startup's latest Founder Barometer report, emerge amidst escalating economic pressures for UK businesses.
The cost-of-living crisis was identified as the primary challenge for SMEs at 33%, although this is down from 52% the previous year.
Meanwhile, tax rates were a concern for one in five businesses.
This story is from the June 27, 2025 edition of The Journal.
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