Boris Johnson news: UK businesses question Prime Minister’s levelling up agenda | City & Business | Finance

The National Enterprise Network (NEN), which supports entrepreneurs across England, has warned there is “still a lot of uncertainty” due to Government taking away critical sources of funding that their members use to deliver business advice, training and mentoring.

A spokesperson for the group told “Scrapping the new enterprise allowance was a massive blow, leaving a gap in the provision of enterprise support and thousands of future small business owners underserved and consequently unemployed.”

While many firms have been left unclear on the exact scope of levelling up the NEN are keen to challenge the popular assumption that it doesn’t apply to London.

The group points out many NEN members are operating in and around areas of deprivation in the capital where small businesses are struggling, with an urgent injection of government funding needed to help support agencies who want to assist them.

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