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Manage Cookie Preferences26 November 2025
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18 min
In the video, former Small Business Commissioner Liz Barclay discusses the challenges faced by small businesses in the UK, particularly in light of the upcoming budget. She highlights the concerns of small business owners, such as Sonny Lee, who runs a family fish and chip shop, about the bleak outlook for the high street and the potential impact of increased minimum wages. Barclay emphasizes that small businesses, which traditionally provide first jobs and work experience for young people, are struggling to cope with the rising costs of doing business and inflation. Barclay also touches on the potential implications of a rise in the dividend tax rate for small business owners, stating that it could be devastating for those trying to survive, let alone thrive. She criticizes the uncertainty and speculation surrounding the budget, arguing that it is causing small businesses to hold back on investment. Barclay concludes by urging for a change in language and perspective to better understand and address the cost of doing business for small enterprises in the UK.
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