Rising house prices affecting London small business

A recent survey by The Federation of Small Businesses (FSB) shows that the rising cost of house prices in London is having a direct affect on small businesses, with a quarter having either moved, or considered moving their business out of London. Many small businesses owners surveyed also expressed concerns about their employees having to cope with the rising cost of housing and 47 per cent admitted that they have taken, or considered taking, action to assist employees by offering greater levels of flexible working and financial and social support.

As a result of the survey, the FSB is campaigning for the new new Deputy Mayors for housing, planning, transport and business to act to ensure that housing and commercial space are appropriately apportioned to meet the needs of business and employees.

If you have any concerns about your business, our small business experts at Beavis Morgan are on hand to assist. We are well versed in working with businesses of different sizes, so you can rely on our detailed understanding of the specific kinds of challenges that can arise. And, you can count on our expertise and ability to provide the right solutions.

For more information about about how we can help you and your business, contact Steve Govey or your usual Beavis Morgan Partner.