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National public sector cuts ''to affect small firms''
9 August 2010
Small businesses are likely to be affected by public sector funding cuts, it has been forecast.
Both head of policy at the Federation of Small Businesses (FSB) Andrew Cave and former Apprentice winner Tim Campbell made this assertion during the T-Mobile Small Business Roundtable Debate.
Addressing the event, founder of Bright Ideas Mr Campbell explained that high jobless rates as a result of falling sector employment could place a squeeze on disposable income within local economies, something which operations management specialists may wish to plan for.
For example, Mr Cave cited Kent as a location where the removal of funding for schools construction is having an impact upon building firms, as the private sector in this field remains sluggish.
The event at the Haymarket Hotel in London this month examined the changes smaller firms are making to their business practices as part of continuous improvement programmes, in order to succeed and grow in 2010.
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