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Despite the coalition breaking their promise to balance the budget within 5 years. Now read 7 years, and borrowing more than the previous Government?

The FSB trusts the banks to lend?

The FSB obviously don't do economics, or from our experience, they don't do Small Business either?

I was surprised to see this response from the FSB. We have recently raised money through the existing Enterprise Initiative Scheme, which is indeed a very good piece of kit for small businesses and top rate tax payers but which has seen a surprisingly small take up. If the FSB think there are significant numbers of folk out there not paying the top tax rate who are interested in investing up to £100k in small businesses under the proposed change they need their heads examining!

Sorry - "Investment" Scheme, not "initiative" scheme. Too many buzzwords!

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