In September, the Financial Inclusion Commission launched a discussion paper focusing on the issues faced by small businesses, in collaboration with Business Debtline. We are delighted to be hosting a roundtable event on Thursday 26 November at 10:30 via Zoom, based on the contents of this paper, titled ‘Stiffening the backbone of the UK economy: building back sustainable, resilient small businesses post-Covid.’
Small businesses have been severely impacted by the crisis and research suggests that as of June, 80% of SME’s had seen a negative impact on their revenue from Covid-19. The coronavirus pandemic has served to accelerate the problems faced by small businesses: obtaining insurance for income continuity; accessing affordable credit; digital access; payment deferrals. We believe that intervention is needed to assist this hugely important sector of the UK economy to recover, innovate, create jobs and employment, and rebuild in a financially resilient way for the future.
We are excited to have Seema Malhotra MP, Shadow Employment Minister and a member of the Financial Inclusion Commission, chairing the event. We have some fantastic speakers lined up including;
- Liz Barclay, Commissioner at the Financial Inclusion Commission
- Philip King, Interim Small Business Commissioner
- Matt Hartley, Head of Public Affairs at Money Advice Trust
- Miles Celic, CEO at The City UK
If you are interested in attending the event please do get in touch through our email commission@UKFinclusion.org.uk