Economic boost as record borrowing levels slashed

There was more good news on the economy as we emerged from lockdown, with official figures showing UK borrowing had been slashed in July, compared with the same period last year.

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Staff shortages leave food manufacturers looking for inmates to cover work

Food manufacturers in desperate need of workers are pleading for the UK Government to enable the companies to use prisoners to solve the staff shortage disaster – a fault of Brexit and COVID-19. Continue reading→

Tax-relief schemes may help start-ups raise outside investment – ICAEW

Tax-relief schemes may help start-ups and established businesses attract outside investment when traditional investment is not viable, a major regulator has said.

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Sole traders “disproportionately impacted” by coronavirus pandemic

Just four in 10 sole traders have returned to pre-pandemic levels of trading despite Covid-19 restrictions being lifted, a major study has revealed.

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Good news on jobs and growth a boost for business

The UK economy has had two major boosts this week with growth in the economy and in the jobs market, according to figures from the Office for National Statistics (ONS).

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Staff shortages: increased wages to entice workers could mean higher prices for customers

Due to the ongoing staff shortages caused by the pandemic, UK restaurants have had to increase employee wages to entice chefs and waiters – which could mean higher prices for customers. Continue reading→

Digital platforms to report sellers’ income from as early as 2023

Digital marketplaces will be required to report the income of sellers from as early as 2023, it has been announced.

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Businesses urged to “get to grips” with new Patent Box regime as grandfathering rules come to an end

Businesses should “get to grips” with new Patent Box rules or risk missing out on corporate tax relief, a major regulator has warned.

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Help to Grow: Digital is now open

Is your business in the digital or Information Technology industry? The Government’s Help to Grow: Digital is now open for applications!

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Labour shortages could impact UK’s economic recovery, says experts

A recent report on the latest business trends suggests that despite the surge of hiring among UK firms in July, the lack of working employees could still threaten the UK’s economy recovery.Continue reading→

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