Business organisations are planning events in Hyndburn to support Small Business Saturday. The campaign encourages businesses to promote themselves and work with other small businesses. It is supported by a number of organisations, such as the Federation of Small Businesses, and it has cross-party support.
Small Business Saturday has been running since December 2013. In 2013, Graham Jones MP was joined by the then Shadow Business Secretary, Chuka Ummuna MP, in celebrating small businesses in Hyndburn.
This year, it will take place across the country on 3 December 2016.
In 2015, customers spent £623m with small businesses on Small Business Saturday. This represented a 24% increase from 2014.
Small Business Saturday trended as number one on Twitter all day in the UK on 5 December 2015. Indeed, over 100,000 tweets were sent in support of Small Business Saturday, reaching more than 25 million people.
Last year also saw wide support for the initiative. Over 75% of local authorities supported the campaign, delivering on the ground activities including free parking, Christmas fairs and small business networking events. Likewise, over 32,000 articles were published in the week leading up to Small Business Saturday.
"Small Business Saturday is a fantastic initiative, spearheaded by Chuka Ummuna, a leading Labour MP. People across the constituency got involved last year because they respected local businesses’ contributions to their communities and because they wanted to support their local economy.
As the Tories make life more difficult for SMEs in favour of dishing out tax breaks for big corporates, initiatives like these will become increasingly important. They remind us of the fantastic economic contribution of people across the UK, outside of London, and they shed light on the need for the government to support regional economic growth.
I look forward to working with small businesses in the run up to December to promote their work in the community."