The Government’s business department is identifying business support schemes that could be done away with to meet cost-saving demands from the Treasury.
A business department source said: “[We are] reviewing all those schemes to judge how effective they have been and if they’re worth continuing with,” according to The Times.
Sunak launched the scheme back in 2021 when he was Chancellor to arm the directors of 30,000 businesses with tools to help them plan, prioritise and enact business operations more effectively. Courses run over 12 weeks and were originally led by business schools (this was later changed to being run by volunteers) over the next three years. The majority of the cost of the course (90 per cent) is taxpayer-funded, with businesses paying the remaining £750.
Read more at smallbusiness.co.uk
