Skip to content
Sunday 9 August 2026London --:--Frankfurt --:--Zurich --:--
NewslettersSearchEN · DE
MorningWire

European business, markets and politics

FTSE 100
10,901.09
+0.31%
DAX
26,319.45
+0.69%
CAC 40
8,714.93
+0.17%
STOXX 50
6,523.86
+0.33%
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
More
GermanyFranceBankingAIEnergyFintechPropertyCapital Markets
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Economy
  • Technology
  • Politics
  • Opinion
  • DE
Friday 30 November 2018 9:50 am  |  Updated:  Monday 03 June 2019 3:06 am

A new hope: Backing firms of the future

By: Katherine Denham

Add as a preferred source on Google

If you missed the big news of the last couple of weeks, you must have been hiding under a rock.

And no, I’m not talking about the Prime Minister’s Brexit deal – but rather Small Business Saturday, which is returning for a sixth year on 1 December.

This is the most important day in the calendar of small businesses up and down the country, and it is gaining increasing prominence in the minds of consumers.

The Butcher, the Baker…

We are living in incredibly uncertain times, and because of this, there has never been a more important moment to back the doers, the employers, the creators, and the builders that stabilise our economy and our communities.

Small Business Saturday is the day to do this.

From concerns about the future of the high street to confusion over Brexit, small businesses face incredible challenges right now.

Throw in the usual day-to-day challenges of launching, running, and keeping a business alive, and there is a lot for the UK’s 5.7m small business owners to deal with.

Hope for the high street

There is plenty of talk at the moment about the demise of the high street, and it would be easy to twiddle our thumbs and watch as another former retail staple bites the dust.

But that is not how we should react.

According to recent research from American Express, small businesses are the great hope of the high street.

Many sectors, including health and beauty and a number of services, are predicted to grow in the coming years, with small businesses leading the comeback. They are our greatest hope for growth, for innovation, and for the future of the UK.

This reminds me to feel hopeful. It reminds me that hope sits firmly with the small and agile businesses that will respond to these growing opportunities.

It also reminds me that it is important to support small businesses – not just because of what challenges them, but because of the often-unheralded opportunities that they create, and the positive impact that they make in their communities.

The spirit of business

Small businesses provide necessary services, such as support for schools and hospitals, mentoring and training for the long-term unemployed, and so much more.

The contribution of small businesses cannot be quantified in pure economical figures.

This is the ethos that we want reflected in the very DNA of Small Business Saturday.

Forget Black Friday

It is not all about the money, which is why we advocate that small businesses get involved in this campaign rather than Black Friday, when it’s not always feasible for smaller firms to make the same deep discounts as larger retailers.

Small Business Saturday is about so much more. Of course, small businesses can deliver incredible monetary value too, but they are also about people, about communities, connections and discovery.

So take some time out of your usual routine this Saturday and discover the incredible gems that surround you in your community.

You will find that these same small businesses are hiring people with disabilities, volunteering to coach the local football team, training young people in work skills, and all the while looking to create something new and exciting for your community. Get involved this weekend, and I challenge you not to be filled with hope too.

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • Jobs and Money
  • News

Categories

  • Business
  • Personal Development

Related Topics

  • Brexit
  • London business
  • Small business

Trending Articles

  • Thames Water faces fresh threat to survival after pensions regulation breach

  • PwC’s Embankment HQ to get major makeover ahead of Canary Wharf move

  • Family feud: London estate agent Winkworth sues chair over plot with wife to oust son from board

  • As it happened: Stocks rise despite new tensions in Strait of Hormuz; Oil price climbs

  • A tribute to wine legend Matthew Jukes by his friend Libby Brodie

More from Morning Wire

  • AI powerhouses are betting on London’s future

    Opinion
    Aerial view of Kings Cross St. Pancras station and square, London, with people, buses, and surrounding buildings.
  • Iwoca closes bumper debt facility as sale speculation mounts

    Fintech
    Christoph Rieche (right) and James Dear (left) co-founded Iwoca in 2011.
  • Burnham’s high street tax plan carries £880m price tag

    Retail
    High streets emptied out as retail sales fell in May.
  • Tom Kerridge: No good restaurant has ever been run by accountants

    Hospitality
    Celebrity chef Tom Kerridge smiling during a cooking demonstration, wearing a chefs uniform in a professional kitchen setting
  • Reeves: Burnham will face ‘shocks and challenges’ as Prime Minister

    Politics
    Rachel Reeves delivering a speech at a press event, wearing a navy blazer and standing in front of a backdrop with logos.
  • Singapore on Thames or the Sick Man of Europe?: The Economics of Brexit Ten Years from the Referendum 

    Opinion
    UK-EU Brexit negotiations meeting with officials discussing trade agreements and policy impacts in a formal conference room
  • Olympia developer: Britain’s planning system doesn’t reward delivery

    Opinion
    John Hitchox, founder of YOO Group, in a professional setting discussing innovative design and architecture strategies.
  • Healey: Squeezed businesses also need ‘breathing space’

    Politics
    John Healey and Andy Burnham sampling beers at a pub bar
MorningWire

Independent European business, markets and political news for decision-makers.

Morning Briefing

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Business

  • Markets
  • Banking
  • Technology
  • Energy
  • Property
  • Fintech

Editorial

  • Opinion
  • Editorial Policy
  • Corrections
  • Contact

Company

  • About Morning Wire
  • Privacy Policy
  • Terms of Use
  • Cookie Policy
© 2026 Morning Wire Ltd · Published by Morning Wire Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
Privacy · Terms · Cookies · Facebook