Welcome to November’s newsletter! This month has definitely been characterised by being “out-and-about”, as we’ve engaged with regional support groups, as well as visits to Edinburgh and Cardiff. As I reflect on our travels this month, it seems to me there are two strong threads that have come through. On the one hand, it’s undeniable that overall business confidence remains low (whichever poll you read or city you visit). On the other, it is clear there is a determined effort being made by businesses and support organisations across the UK to lift spirits and sales. For us at the OSBC, this looks like helping as many small businesses as we can - you can read one of our recent success stories below; finding different ways to ensure that the voice of small business is heard across Government; and working with some brilliant partners supporting SMEs across the country.
SME Safari
You may remember, last month we led a delegation of small businesses into Number 10 to meet with the business unit. To build on this, rather than bring businesses into the centre of government, we took government to the frontline of business and piloted our first “SME Safari.” This was a series of visits for civil servants, including the head of SME policy from Department for Business and Trade, and colleagues working on the Employment Rights bill, youth enterprise, and business engagement, to meet real-life founders. The intent of the trip was for those working on the front line of policy to meet those at the cutting edge of enterprise in their own environment; to hear first-hand from business owners on current challenges and opportunities. This first “safari” has been a great success and we hope to do more of these around the UK over the coming months.
AI in the Nations
It was also great to join DBT and Google in Edinburgh for the “AI Works for Business” event. Businesses were invited to explore practical solutions via hands-on demos in the AI playground as well as hear from keynote speakers, how AI can drive greater productivity and make gains for their businesses. I also made the trip to Cardiff to meet with small businesses who are already utilising digital tools and AI to reduce operational friction, and rather brilliantly to speed up their payment times.
Regional Support
We’ve also met with multiple growth hubs and other regional business support organisations this month regarding our services and how we can help small businesses secure overdue payments. These organisations do a fantastic job providing expert advice to the businesses in their region, and whilst seeing the number of businesses contacting us about payment issues saddens me and my casework team, we’re pleased that these organisations are signposting to our services and increasing the chances businesses have to get paid.
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Emma Jones
Small Business Commissioner