Companies in the hospitality sector were the main winners in the budget last Oct. Innovators were also winners but many SMEs weren't happy to have to pay higher minimum wages on top of holiday and sickness pay and now set aside money for workplace pensions. Now the Small Firms association has launched a strategy which it says will help smaller companies survive, grow and thrive. It’s a 3 year plan and includes a suggestion to create a new State run bank specially for SMEs.
To chat all about their plan was David Broderick, Director of the Small Firms Association.