Tuesday, February 10, 2009
Don't Ignore the Plight of Small & Medium Sized Businesses
Understandably, we all concentrate on big ticket economic stories. But I think business correspondents are missing a big story - the incredibly worrying collapses of small and medium sized businesses. Yes, it's devastating for the 2,000 RBS employees who have been fired today, but these stories mask hundreds of smaller ones which will never make the national headlines. Take THIS very sad story from the Eastern Daily Press. It reveals the closure of a centuries old hotel in the North Norfolk market town of Fakenham. Fifteen people are to lose their jobs. Multiply that over the country and you have a big, and growing story, But the BBC and national papers aren't covering it. They ought to be,.