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| Government 'must focus on SMEs to stimulate recovery' |
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| Latest Recruitment News - HR and Recruitment Legislation News |
| Written by DirectNews Feed |
| Friday, 24 September 2010 00:00 |
 The government must place its primary focus on companies such as small and medium-sized enterprises (SMEs) to help stimulate the UK's economic recovery, experts in finance jobs in London have said.According to the London Stock Exchange (LSE), which was responding to the Conservative-Liberal Democrat alliance's Financing a Private Sector Recovery report, several monetary incentives and targeted policies need to be introduced in the near future to support SMEs. For example, the LSE believes that taking measures such as amending Isa regulations to allow unlisted companies to invest in them and phasing out or altogether scrapping Stamp Duty over the next five years as part of a new tax strategy could help to boost the nation's fiscal revival. Expert Marcus Stuttard commented: "The targeted proposals outlined in this submission will help attract a wider set of investors to growth companies." Meanwhile, the Trades Union Congress said recently the government is damaging SME firms' opportunities to get a more skilled workforce through spending cuts. Posted by James Strang 
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