Britain's Prime Minister David Cameron (R) sits with Chancellor George Osborne during a meeting with local small business owners in Stockport, northern England January 9, 2015.
Chancellor George Osborne and Prime Minister David Cameron at a meeting with local small business owners in Stockport in January Reuters

Small business confidence is picking up and investment intentions are at their highest since 2010, a survey by the Federation for Small Businesses found.

In the study, published on 22 June 2015, the Federation of Small Businesses (FSB) found that 65.3% of small businesses surveyed are striving to increase their business remotely or rapidly between June and September 2015.

The FSB reported that 32% of small businesses plan to increase capital investment between June 2015 and June 2016, a record high since records began in 2010.

National Chairman of the FBS John Allan said that the results were extremely positive and he emphasised the role small businesses will play in the UK economy.

"It is critical the new government continues to develop the right environment to support businesses planning to grow, invest and take on new staff in the next 12 months," Allan said in a press release.

"In the Budget and its upcoming Enterprise Bill, ministers should prioritise supporting small business growth, simplify business taxes, raise skills and tackle poor payment practices."

The UK government is working on an Enterprise Bill, which it hopes will make the UK a leading place to set up and expand small businesses and should create two million jobs between 2015 and 2020.