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Today, Shadow Business Secretary Jonathan Reynold’s visited Peterborough’s Allia Future Business Centre with Andrew Pakes, Labour’s candidate for Peterborough.

During their visit Reynold’s met with local business leaders where they discussed Labour’s plan for Britain’s small business entrepreneurs, with new fully-funded and fully-costed policies, as Labour pulls up the shutters after 14 years of decline under the Conservatives.

As part of the policy package, the Labour has outlined plans for the Party to introduce new legislation and regulatory reforms designed to significantly benefit small businesses.

Measures include eradicating the late payment of invoices to small businesses, to ensure timely compensation for their services and enhancing market opportunities by facilitating greater access for small businesses to compete for public contracts.

Furthermore, the policies aim to ensure that small businesses have guaranteed access to essential banking services in their local high streets, fostering a more supportive financial environment for these enterprises.

Labour’s Shadow Business Secretary, Jonathan Reynolds said during his visit to Peterborough:

“As I travel across the nation, I encounter numerous small business owners, much like those I met today in Peterborough. They toil tirelessly, day after day, striving to grow and innovate. Their entrepreneurial bravery, as they take risks and serve their communities, weaves the very fabric of local life together.

“The Labour government will deliver the change local business owners need. We will drive down energy prices. We will unlock access to finance for business. We will stamp out late payments. And we’ll guarantee access to banking services on the high street. Because only Labour has a plan to back British businesses to the hilt. Only Labour can stop the chaos, turn the page, and rebuild Britain.”

Andrew Pakes, Labour’s Parliamentary Candidate for Peterborough said:

“Business in Peterborough know that the Labour Party will focus on what matters to entrepreneurs. Stamping out late payments, ridding our high streets of anti-social behaviour, and creating economic stability.

“There’s a clear choice at this election for small business owners: more chaos with the Tories, or stability with Labour. More decline and division, or hope and unity with a changed Labour Party.”

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