Socialism for the self-employed?

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:

A line chart showing the change over time in the quarterly number of individual insolvencies in Scotland between Q3 2011 and Q3 2021. The data can be found in Table 7 of the accompanying tables.
https://www.gov.uk/government/statistics/individual-insolvency-statistics-july-to-september-2021/commentary-individual-insolvency-statistics-july-to-september-2021#individual-insolvency-in-scotland

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?

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6 thoughts on “Socialism for the self-employed?

  1. Interesting to compare your introductory quote from the Herald with that in the National –
    “The Federation of Small Businesses (FSB) has written to Finance Secretary Kate Forbes saying that the Budget should be “designed specifically to help smaller businesses finally turn the corner” after suffering “significant setbacks” over the last two years”.
    Now what else aside the pandemic happened in the last two years, and how long is the corner ?
    The National piece also mentions the tour guide who “had to get a job” 🙄 among the 96% of unregistered “enterprises” lost, but also the “migrant business owner who decided to return to their country of origin during the crisis and then never came back”, again the B word which dare not be mentioned.

    I’m under no illusions the pandemic and Brexit have had profound impact on businesses generally, and small businesses in particular, but the FSB numbers are not unusual. When circumstances change or someone else tries their hand new “enterprises” will rise and fall as normal.

    As for the tour guide being subsidised to avoid having “to get a job”, surely the FSB are joking ?

    Liked by 5 people

  2. Brexit is a much bigger threat to peoples’ livelihoods and/or chances of setting their own path as self employed, and it’s all part of the drive to narrow down or remove choices, and keep the big corporations in business taking in even bigger profits.
    The real English governments’ agenda being to keep the little people from achieving any sort of autonomy and to make sure communities are not empowered.

    I’ve seen ads on YouTube for Scottish Enterprise, encouraging people to apply for advice and support if they are thinking of setting up a small business. Presume financial support is included. The SNP are pro small business and empowering people, in contrast to the BritNat media spin.

    BREXIT. As we know, the word has been wiped from the BritNat media, it no longer exists, BREXIT is the elephant in the room, to say the least.
    So Kate Forbes, finance minister of the Scottish government, is expected to pick up the pieces and mitigate yet more disaster, caused and created by the English government.
    It’s a miracle that Scotland is not a total basket case, with their government having to work within the political and financial constraints of a disastrous and wreckless so called UK, run by the Tories.
    Let’s hope the miracles are ongoing until Scotland secures independence.

    Liked by 3 people

  3. This is the usual special pleading by special interest groups like FSB, CBI, trade unions, etc which precedes budgets.

    However, the failure to mention Brexit is noteworthy and, indeed, seems now to be a prohibition by the media. The UK Government ‘got Brexit done’ and that was an end in itself as far as the narrow interests of international financiers was concerned. They could not give a monkey’s about small businesses and the PM has said, ‘Fuck business”, in general. Brexit was all about avoiding EU regulation on the money laundering by the City of London.

    Liked by 4 people

  4. SO FEDERATION ARE DOING AS HERALD BID AND STANDBY FLASE STATEMENTS TO DO NOTHING MORE THAN BLAME SNP GOV

    IS THIS A POLITICAL STATEMENT AND INACCURATE

    Like

    1. We are dealing with a corrupt,sleazy,lazy,incompetent & intellectually challenged Westminster
      Who one way or another it is possible to attribute the actual words or by action the following statements/conclusions

      F**k business
      F**k farming
      F**k immigrants
      F**k devolution
      F**k The DUP
      F**k Pensioners
      F**k Welfare
      F**k Fishermen
      F**k The EU
      But just as the BBC would do I must in order to maintain fairness,balance &
      impartially introduce the thoughts of France as to Boris and UK goverment
      And it was overwhelmingly

      ” Thank F**k for the English Channel “

      Liked by 1 person

  5. We are dealing with a corrupt,sleazy,lazy,incompetent & intellectually challenged Westminster
    Who one way or another it is possible to attribute the actual words or by action the following statements/conclusions

    F**k business
    F**k farming
    F**k immigrants
    F**k devolution
    F**k The DUP
    F**k Pensioners
    F**k Welfare
    F**k Fishermen
    F**k The EU
    But just as the BBC would do I must in order to maintain fairness,balance &
    impartially introduce the thoughts of France as to Boris and UK goverment
    And it was overwhelmingly

    ” Thank F**k for the English Channel “

    Like

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