At the recent Small Business Sunday event in Liverpool, local entrepreneurs voiced significant concerns over the £90,000 VAT threshold and the need for practical reforms to zero-hour contracts. These discussions, featuring Business Secretary Jonathan Reynolds, highlighted how current tax complexities and regulatory burdens create substantial challenges for growing businesses, particularly within the hospitality sector. The event served as a platform for businesses to convey their priorities to government figures, including Prime Minister Andy Burnham and Chancellor John Healey.

Small Business Sunday Highlights Key Entrepreneurial Challenges

Thousands of delegates, including Prime Minister Andy Burnham, gathered in Liverpool for a series of debates, with Labour Business initiating its week with Small Business Sunday. Business Secretary Jonathan Reynolds delivered the keynote address, engaging with attendees on a range of topics from glassmaking to public procurement and VAT thresholds a Business Live report. The event provided a crucial forum for businesses to articulate their expectations and challenges directly to government representatives. Discussions focused on what support entrepreneurs sought from key political figures.