Budget hits small businesses says FSB poll

Small businesses will be hit by Budget fuel duty rise says Federation of Small Businesses survey.

Ralph Morton

Budget: put storm clouds over small firms

Fuel duty rise impacts on business costs

Most small businesses will be adversely affected by Budget increases in the duties on fuel and alcohol, according to a survey carried out by the Federation of Small Businesses (FSB).

The poll of more than 300 firms showed that business owners were highly critical of the Budget. Nearly 80% of small businesses estimated that the 2p rise in fuel duty would adversely impact their business. And 71% estimated it would cost them up to £30 extra a week.

In additon one third said alcohol duty going up by 2p would be damaging, especially when pubs were closing down at the rate of five each day.

Almost 70% of small businesses said the Budget had not supported small businesses. And over a third (38%) said it would

Budget impact, duel duty, Federation of Small Businesses, FSB, John Walker

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Ralph Morton

Ralph Morton is an award-winning journalist and the founder of Business Car Manager (now renamed Business Motoring). Ralph writes extensively about the car and van leasing industry as well as wider fleet and company car issues. A former editor of What Car?, Ralph is a vastly experienced writer and editor and has been writing about the automotive sector for over 35 years.

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