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Small Business Saturday roadshow rolls into town
The impact of Lincoln small firms has been highlighted by a visit Small Business Saturday’s national roadshow to the city.
Aiming to celebrate and support the nation’s small businesses, ‘The Tour’ undertook behind the scenes visits to small businesses in the Lincolnshire area, sharing their success secrets and future ambitions.
This included meeting Emma Haigh, who owns Jailhouse Frock, a 1940s/50s inspired vintage reproduction clothing shop.
Once again supported by BT, ‘The Tour’ is visiting more than 20 towns and cities across the UK during November, after starting up in Scotland earlier this month.
The roadshow is travelling across the UK for a month as part of the official countdown to Small Business Saturday, on 7th December. The campaign celebrates small business success, encouraging consumers to ‘shop local’ and to support businesses in their communities.
After its stop in Lincoln, Small Business Saturday’s roadshow will be travelling to Nottingham, Northampton, and Solihull, before wrapping up in London ahead of Small Business Saturday on 7 December.
Michelle Ovens, pictured above, Director of Small Business Saturday UK, said: “It was fantastic to visit Lincoln and hear the ambition and passion of its local small businesses
“Small businesses make an invaluable contribution to the local community here and across the whole of the UK, and it’s so important we all support them on Small Business Saturday and beyond.”
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That starts with the biggest set of reforms to the pensions market in decades to unlock tens of billions of pounds of investment in business and infrastructure, boost people’s savings in retirement and drive economic growth so we can make every part of Britain better off.
The UK pension system is one of the largest in the world – with the Local Government Pension Scheme and Defined Contribution market set to manage £1.3 trillion in assets by the end of the decade. However, the pension landscape is fragmented and lacks the size needed to invest in exciting new businesses or expensive projects like infrastructure. The government’s analysis – published today in the interim report of the Pensions Investment Review at Mansion House – shows that pension funds begin to return much greater productive investment levels once the size of assets they manage reaches between £25-50 billion. At this point they are better placed to invest in a wider range of assets, such as exciting new businesses and expensive infrastructure projects. Even larger pensions funds of greater than £50 billion in assets can harness further benefits including the ability to invest directly in large scale projects such as infrastructure at lower cost.