Local MP Tessa Munt is to complete a series of fact-finding work experience days this summer in some of Somerset’s fantastic local businesses.
Tessa will learn more about the challenges each business faces, whilst highlighting the benefits of undertaking work experience and volunteering during breaks in work or study and between school terms.
Tessa has already secured work experience with, amongst others, a local baker, cider-maker, vet and a reclamation company. She will be serving at a lunch club, up early for milking and out with a local bee-keeper. Tessa will be accepting other invitations over the coming weeks.
Tessa said:Read more
Local MP Tessa Munt is encouraging more local businesses to take on an apprentice after new research revealed how beneficial this can be to businesses.
Every time a local company hires an apprentice, its bottom line gets an average boost of just over £2,000. This represents the benefit after typical wage and training costs here in the South West are deducted, but the advantage ‘kicks in’ as soon as the apprentice joins the firm and starts being trained.
Last year, 1,000 people started an apprenticeship in Tessa’s patch, which means that new apprentices alone provided a local boost of over £2m last year.
The number of apprentices has been increasing rapidly. Despite this, surveys show that 60% of small businesses are missing out because they don’t know enough about how apprenticeships work. Many assume that an apprenticeship is difficult to administer and will involve a short-term cost.Read more
Local MP Tessa Munt has welcomed the British Retail Consortium’s (BRC) ‘Road to Reform’ report, published today, which considers how our regressive business rates system can be made fit for purpose.
The publication puts forward a range of ideas for the reform of the UK business rates system.
Commenting on proposals Tessa said:
“I have long argued that our system of business rates is unfair. Whilst we’ve modernised other taxes, business rates have been left behind and the system is woefully out of date and particularly harmful for our small and medium sized enterprises – the companies the nation has to thank for pulling our economy out the danger zone.
This was the very first concern I raised when I was appointed Vince Cable’s Parliamentary Private Secretary in 2012, and he agreed that a radical shake up was required.
I know he has pushed for discussions at Cabinet level and the launch of the Chancellor’s ‘Discussion Document’ has begun to stimulate a debate.
Last week, during Prime Minister’s Questions, the Prime Minister announced, amongst other measures, that small businesses affected by the floods would be granted a deferral on their rates. This is really welcome in my patch.
I’m hopeful that the Chancellor will be persuaded to go much further and accept that a fundamental shake up is what is needed in order to remove the disincentive to invest in and improve property, promote growth in jobs and output and support our entrepreneurs, rather than simply tinkering with the existing system which is failing small and medium sized businesses.