small business act Articles

The Small Business Act: A Big Royal Deal For UK Enterprise

With the lofty aim of making Britain the best place in the world to start a business, the Small Business, Enterprise and Employment Act has received Royal Assent. Now enshrined in law, the Act promises, amongst other features, vastly improved access to finance for start-ups and SMEs.

Neil Armitage Operations Director, Umbrella Accountancy Services, commented “In doing so the Act seeks to scratch an itch that has irritated many of Britain’s budding entrepreneurs: the banking and finance industries have recovered their solidity without stretching their books sufficiently to support Start-Up UK.

Small Business, Enterprise and Employment Act 2015
marketing | 9 April 2015
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The Small Business, Enterprise and Employment Act 2015 has received royal assent and is now therefore inforce. This is the first time an act has been passed specifically for helping small businesses.