“SMEs are the backbone of the backbone of our economy: employing around half the private sector workforce, making up 99% of British businesses, and accounting for over a third of our national turnover.
Small business-owners and their staff know the value of hard work as much as anyone else and Labour must embrace them; placing them at the heart of our quest to fix our economy, and build a new kind of growth.
We won’t navigate the uncertainties of Brexit, rebalance our economy, end our dangerous reliance upon financial services, close our trade deficit and spark a manufacturing renaissance on our own. That is why Labour must work in partnership with SMEs to build towards a new kind of growth, and a better Britain.
The Labour party is a movement with social justice at its heart, and without small businesses and their help, we will never be able to create the good society.
Small businesses are the engine which can ensure that Labour is a living, breathing and active party, in touch with all the concerns and lives of communities across our country, and engaged with the issues of the shop floor, of management and the board room.
Over the past few years, SME4Labour have helped connect the party with businesses, building relationships with Trade Unions, the workforce and management. This is key if we are to build a partnership based approach to rebuilding our economy, our society and our movement.
Through uncertain times, small businesses will be there. They will struggle, but with the resilience that characterises so many, they will survive. But make no mistake, without an engaged Labour party, the voice of small business may be drowned as we look for a post-Brexit settlement by that of big business and the Tory backbenches. Labour must, therefore, be the voice not only of small business, but of the more than 15 million people employed by small businesses. SME 4 Labour play a vital role in making that happen, and I know they will continue to do so as we look to ensure a balanced Brexit, a better Britain and a new kind of growth.“