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Small firms need help; Your Shout.

THE long-term recovery of the economy will be helped by greater certainty in the public finances.

The recent changes in VAT as part of the stimulus package is estimated to have cost small businesses somewhere in the region of pounds 350m.

To change VAT again this year will cost the same at a time when the recovery of the economy should be nurtured.

The uncertainty in business investment will continue until greater certainty can be given which is holding the recovery of the economy back.

Small businesses want to lead the recovery of the North East economy but need more help from any future government by giving greater certainty on the public finances.

JOHN PETTIFER, vicechairman, Federation of Small Businesses.

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Title Annotation:Features
Publication:Evening Chronicle (Newcastle, England)
Date:Apr 14, 2010
Previous Article:Inspirational story; Your Shout.

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