SMALL business leaders have issued an SOS to Holyrood ministers after figures revealed that 20,000 firms collapsed during the pandemic in Scotland.
Analysis of Scottish Government data by the Federation of Small Businesses Scotland (FSB) shows the staggering toll of the health crisis on firms across the country.https://www.heraldscotland.com/politics/19763576.snp-finance-chief-kate-forbes-urged-step-20-000-small-firms-collapse-pandemic/
We read on to find these are estimates, probably not paying VAT, and ‘the stories‘ include ‘the tour guide who had to get a job (!) as he couldn’t run the business he loved.‘
Really? Socialism for the small business but austerity for the poor and vulnerable?
Instead of some estimates, some facts? Insolvencies much lower than before pandemic:
So, total insolvencies are now a third of the level in 2012 and just over half that in the months before the pandemic emerged (Q4 2019)? Who can we blame for this resilience? That SNP Government?