If New Labour was heralded in with the sounds of “Things can only get better” then after yesterdays Budget the party is now over leaving a painful hangover.  Most commentators believe that the Chancellor's forecasts are overly optimistic giving an added air of gloom.  A case of things can only get worse.

With UK plc on the ropes where does this leave the small & medium sized enterprise (SME) owners?  There is little consolation that the current state of affairs is not down to their decision making or bonus taking.  Instead they are left with a new era where the SME’s face a harsh climate.