Nick Johnson, MD of Citipeak Promotions Ltd, Reacts to George Osborne's 2013 Budget Announcement and Promotes the Contribution of SME's to the Growth of the UK Economy

    LONDON, ENGLAND, March 27, 2013 /24-7PressRelease/ -- Nick Johnson, Managing Director of London based firm Citipeak Promotions Ltd shares his reaction to this announcement and his belief that Small and Medium sized Enterprises (SME) will be the economic driving force in the UK over the next few years.

'The Budget is the single most important economic and financial statement made each year by the Chancellor of the Exchequer to Parliament and the nation' (http://www.hm-treasury.gov.uk/budget.htm). The UK Government are required to produce a Budget Report for each financial year from 'The Budget Responsibility and National Audit Act 2011'. The Chancellor uses the Budget statement to update Parliament and the nation on the state of the economy, public finances and on the Governments progress against economic objectives.

Reviewing the Budget announcement on Wednesday 20th March 2013, this Budget will "help those who aspire to work hard and get on, buy a home, start a business or save for retirement". This Budget hopes to build a stronger economy and to help small businesses in the UK. One way in which small UK businesses will be helped is by the decision to abolish stamp duty on buying shares on 'growth markets' which will encourage outside investments. 'George Osborne should take this opportunity to kick start the UK's small business economy' said Nick Johnson MD of Citipeak Promotions Ltd. 'In the past, the UK Government has attempted to get banks lending to SME's but little success has been made. I am pleased to see that the Government are trying to encourage more investments to help small firms. I'm my opinion it is these small, well run companies that will drive economic growth over the next few years' added Nick Johnson.

Read More: http://www.citipeakpromotions.co.uk/

In a speech made to the British Chamber of Commerce, Ed Miliband said 'jobs in the future are not going to come from a small number of large firms, but a large number of small firms'. This supports the 2013 Budget announcement and also the belief held at Citipeak Promotions Ltd. 'Many people think that new industrial giants are the most important driving factor in the UK economy, when in fact small businesses stimulate large amounts of economic growth. The UK has over 4.5 million small businesses. It is these small business owners and entrepreneurs that form the backbone of creativity and production of the UK economy' said small business owner and entrepreneur Nick Johnson. Market intelligence provider Key Note revealed that 95.3% of those interviewed in its survey agree that small businesses are important to the future prosperity of the UK (http://www.keynote.co.uk/media-centre/in-the-news/display/small-busin ... icleId=474) and they could have a large impact on the UK's unemployment rate if they were incentivised to take on new employees.

The 2013 Budget announcement is a step in the right direction for small businesses. It has shown that the UK Government can see the importance of small businesses, like Citipeak Promotions Ltd and does value their contribution to the UK economy and improving employment rates.

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MarketStorm Global Ltd Concerned as Lack of Skills Hinder Growth in UK Small Businesses

    LEEDS, ENGLAND, April 05, 2013 /24-7PressRelease/ -- 72% cite a lack of technical skills as the main reason, while 18% of businesses are concerned that skills shortages will impact on expansion plans this year.

Small and medium-sized enterprises (SMEs) will be the most affected as they account for 99.9% of all private UK businesses and 59.1% of all private sector employment in the UK. Small businesses alone account for 47% of all private sector employment, according to 2012 statistics from the Federation of Small Businesses.

MarketStorm Global Ltd is a small limited company based in central Leeds which provides event marketing and promotions for national clients. Managing director Gavin Walsh describes the situation as a 'contradiction' which could lead to the possible stagnation of UK industry: "It seems absurd that we have 2.5 million unemployed people in the UK, and yet businesses are unable to find the right talent. The catch-22 is that the more people there are out of work, the fewer people there are with relevant work experience so the situation has the potential to worsen over time. There needs to be a rethink in government policy or in how businesses select talent."

MarketStorm Global Ltd has chosen the latter option by focusing on providing essential skills training for its independent suppliers and contractors. The firm's Business Development Programme compensates for lack of experience in the workplace, by providing workshops and seminars on core skills required by MarketStorm Global's clients. These provide basic grounding in the key areas of sales, customer service, people management and team leadership. "A number of business owners question why I offer training to contractors. They say, 'it's not your job to train them, you should expect them to have the skills already'," admits Gavin Walsh. "The reality is that there aren't many people out there that have the full skillset I am looking for. The Business Development Programme means that all contractors are on the same page, and it enables us to select people based on their essential qualities such as their adaptability, willingness to learn and work ethic. We are not confined to a narrow talent pool, which I think will give us an advantage over other companies in the long term."

MarketStorm Global Ltd provides events marketing services in Leeds, and aims to expand into 10 further UK locations by the end of 2013.

About MarketStorm Global Ltd

Our direct marketing is done through our specialised events and in-store promotional campaigns to maximise client growth and brand awareness. Meeting with potential customers at events or 'in-store' allows us to forge a lasting relationship with the customer, this rapport will help develop and aid in the retention of the customer. We meet our customers' needs with the advantage of visual demonstration and product advice.

At MarketStorm Global we provide our clients with measurable results, which can be analysed both daily and weekly.

Our business hungry development force will work closely with our clients to manage their goals, expectations and to excel past just satisfying their needs.

We will guarantee a professional presentation which will increase the amount of business leads we generate for you.

Website: www.marketstormglobal.com

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