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• Over £100m in online sales expected christmas day
• Internet can help small businesses weather the downturn
• Barclays to announce £1.5bn small business package
• HSBC pledges £1bn of extra funding for small businesses
• FSB urge banks to lend to small businesses
• Super SME's using IT to beat downturn
• Major bank to freeze SME overdraft fees
• Government should lend directly to small firms
• Support vital to small business broadband
• Small businesses to cut back on staff

• Government urges banks to help small businesses

  Peter Mandelson, will meet with banking chiefs this week, to urge them to do more to help struggling small businesses and homeowners. The country’s newly appointed business minister will discuss measures to protect small businesses, which according to a government source; will include an extension of the export credit guarantee scheme, in order to protect firms involved in deals overseas.

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  20/10/2008 16:43:00 Published by Alice Galletly Category Small Business

• FSB warns bank of credit crunch effect

  The Federation of Small Businesses (FSB) has sent results of a snap poll to the bank of England, which demonstrates the devastating impact of the credit crunch on small businesses.  The poll revealed that a majority of respondents (80%) had seen an increase in operating costs in the last year, and 40% had seen decrease in trade.

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  13/10/2008 11:43:00 Published by Alice Galletly Category Small Business

• Two thirds of small businesses are yet to adopt wage rise

  Approximately one million workers were set to benefit from a rise in the National Minimum Wage on Tuesday; however a survey has suggested that many businesses are yet to take action. The hourly Minimum Wage has increased by 3.8 per cent, meaning those over 21 will be guaranteed at least £5.73 an hour, up 21p from £5.52...

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  02/10/2008 12:49:00 Published by Alice Galletly Category Small Business

• Rising costs putting the squeeze on small businesses

  According to new research, one in 10 small businesses have experienced a rise in cost by over 25% in the past year. Continued inflation is said to be putting a severe strain on profitability. Research from credit rating firm Creditsafe, found that 10% of businesses have experienced a 25% increase in costs over the last year...

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  19/09/2008 13:04:00 Published by Alice Galletly Category Small Business

• Prime Minister urged to create rate relief measures

  The Federation of Small Businesses (FSB) has urged the Prime Minister to introduce new measures with regards to rate relief for small businesses. The FSB delivered a letter to No. 10 Downing Street last week, which called for two measures to be introduced as part of the governments economic revival package.
  
  

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  17/09/2008 13:44:00 Published by Alice Galletly Category Small Business