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FSB: Business important for LEPs

Date Added: 13/09/2010  

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Firms that require business debt advice have been told Local Enterprise Partnerships (LEPs) must have a strong foundation in business, according to the Federation of Small Businesses (FSB).

The body stated that it has concerns over LEPs that have formed without a strong base in business knowledge.

Mike Cherry, the FSB's policy chairman, said: "We are today urging the government to ensure that where there has been insufficient business input into the proposals that they are asked to go away and work further with business."

He pointed out that the FSB is the only business organisation which is led by its members and called for them to have their interests properly represented by the government as a result.

This comes after firms that need business debt advice were told that a study by the FSB has found that crime could be costing companies as much as £3,000 every year.

A third of small businesses surveyed in the poll said they do not bother to report crimes to the police. 

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