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|David Postings, CEO, Bibby, comments on Queen's speech for SMEs|
|Wednesday, 27 May 2015|
David Postings, CEO, Bibby Financial Services comments on the Queen’s speech and its impact on SMEs:
“Today’s Queen’s Speech tackles some of the key requests from the UK’s SMEs, namely simplicity and stability. With high employment but low productivity, there is a possibility that the UK could enter another recession over the next two to three years. Slowing growth is a certainty borne out in Q1 GDP figures and the Bank of England’s revised 2015 growth forecast. However, a majority Government able to make strong decisions over the future of the economy is likely to reduce the risk of recession.
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