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'What is important to Turkish business' survey

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Over recent weeks, Joan Ryan has been conducting a survey and a series of interviews with the Turkish business community.  

The Turkish, Kurdish and Cypriot communities are well known for being a very entrepreneurial community and there are many Turkish businesses in the borough of Enfield.

The businesses Joan Ryan interviewed all endorsed the Labour Party’s proposals to:

  • Cut business rates in 2015 and then freeze them in 2016 for over 1.5 million business properties.
  • Freeze energy bills until 2017.
  • Create a British Investment Bank that will lend money to new and growing businesses.

All businesses identified these three measures as top priorities.

Other measures identified as important were:

  • Reforms to the country’s banking system and tax bank bonuses.
  • Devolving power from Whitehall, giving more control to towns and cities.

Business lending is down by over £50 billion since May 2010 and the current Government has failed to deliver on infrastructure that supports business.

A sample of the Turkish businesses Joan Ryan spoke to in Enfield included: newspaper owners, hairdressers, printers, café, restaurants, food stores, supermarkets, food and meat suppliers, travel agency, drycleaning, retail of many different types, homecare providers, upholstery, heating and plumbing and building and construction companies.  

Joan Ryan’s survey will continue. If a business in Enfield North wants to take part or they wish to speak to Joan regarding business issues, they can email: joanryan.labour@gmail.com

Joan Ryan, Labour Parliamentary Candidate for Enfield North, said:

“I have been talking to Turkish business people about what they feel are the key issues for business and what policies they want to see from a new government that will support business.

The first thing they tell me is that they like Enfield, it’s a great community and a good place to do business.  I agree. I love Enfield and the people who live here.

Businesses say it is important to be able to work with the local Council especially on planning and licensing matters. Enfield Council is keen to encourage businesses because as one respondent who runs a local restaurant told me “a successful business means real jobs for local people.”

But it’s been a tough few years for business.  Like families, businesses are being hit by the cost of living crisis. Many small and medium sized firms are struggling with rising costs and a lack of finance from the banks – a problem that must be solved in order to get our economy growing in a more balanced way.

Small businesses are the backbone of our economy.  To support them Labour will reform our banking system so that it works for businesses and families.

I know that businesses need a local champion, listening to them and speaking up for them.  That’s exactly what I will do.

I believe that prosperity must be built by the many not the few and private sector growth must be supported by active government, investing for the long term and enabling business to grow.”

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