Councils urged to back FSB insurance costs campaign

The Federation of Small Businesses (FSB) has today revealed it is to intensify its campaign to tackle high insurance premiums for small businesses.

FSB says it would be urging all 26 local councils to pass a motion supporting urgent action by the Government.

Wilfred Mitchell, FSB Policy Chairman for Northern Ireland said: “There is no doubt since we launched our survey on high insurance some months ago the situation has grown steadily worse, with even more small businesses contacting our office expressing concern that they cannot get insurance cover at all.

“In our research of our membership, it showed that up to 1,000 jobs are at risk – we now would put that figure at considerably higher. When we add this to the recent job losses at Gallaher’s and Desmond’s, this is very bad news for the local economy."

Mr Mitchell said FSB was now in the process of contacting local Councillors from all parties, across all 26 local councils, to urge them to pass a motion in support of the campaign and to demand urgent action from the Government.

"If we gain the support of all 26 councils, this will be a considerable boost for our campaign.

“We will also in the next few weeks being taking our case to Westminster to brief MPs and peers from the Labour, Tories and Lib Dem’s on just how bad the situation is in Northern Ireland," he concluded.


Related Northern Ireland News Stories
Click here for the latest headlines.

13 March 2020
'Finance Minister Must Assist Businesses Through Coronavirus'
The Finance Minister has come under pressure to introduce measures to assist businesses suffering a downturn in trade as a result of coronavirus. Alliance MLA Andrew Muir said a number of firms are currently experiencing difficult times as customer habits change in response to the worldwide viral outbreak.
18 February 2003
FSB jobs warning over insurance premiums
The Federation of Small Businesses (FSB) has warned that up to a 1,000 local jobs could be lost if high insurance premiums are not reduced. At the launch of the FSB's report in the Stormont Assembly today, it was revealed that of the 375 businesses surveyed (each averaging 15 employees), 17% said they would close unless the situation is resolved.
27 January 2004
'Economic wasteland' warning on insurance costs
Northern Ireland risks become an economic wasteland if the Government continues to refuse help to small businesses struggling for survival, an MLA warned today.
03 December 2010
Christmas Card Scenes As Snow Blankets NI
Picturesque winter scenes across NI are today being further enhanced by fresh falls of snow blowing in from an Atlantic weather system. However, it is adding to the continuing Siberian freeze that has seen much of the British Isles grinding to a halt, with disruption in NI expected to continue into the weekend at least.
18 August 2004
FSB calls for enquiry following floods
The Federation of Small Businesses has called for an enquiry into why the drains in Londonderry "completely failed" during last night's torrential rainfall which lead to localised flooding.