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SME RECRUITERS REVEAL WISH LIST FOR BUDGET

SME RECRUITERS REVEAL WISH LIST FOR BUDGET
 
Fuel and a commitment to lending seem to be the two main themes among SME recruiters wish lists for the upcoming budget. Thats according to a snapshot survey among its portfolio companies by HB RIDA, the private equity vehicle that helps SME recruiters grow.
 
The proposed fuel duty increase is causing a lot of distress at the moment among SME recruiters and their clients says Managing Director of HB RIDA Helen Reynolds and there have been several suggestions from our portfolio companies ranging from a tax rebate for individuals with rural postcodes to a reduction in VAT on fuel to reduce the cost.
 
Warren Jesse, managing Director of Excel Resourcing which has a transport and logistics division says: The price of fuel affects everything if it costs more for producers and manufacturers to transport their goods then thats going to have a direct effect on the economy.
 
Paul Payne Managing Director of One way Resourcing, the specialist construction recruiter says he would like to see some clarity on government backed initiatives for construction and housing while Joseph Hathiramani Director at construction recruiter Trillium would like to see the banks being given more encouragement to increase lending to the building and construction sectors to stimulate the economy.
 
At the end of the day what we are all hoping for from the Chancellor is a clear commitment to nurture entrepreneurship with actions to back that commitment up, says Reynolds. After all, the recruitment sector is arguably the most entrepreneurial industry this country has.

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