The Chancellor of the Exchequer, Rishi Sunak was never going to be able to please everyone with his autumn budget and there were always going to be winners and losers, but let’s have a look at the key points for businesses from his budget statement.

The Chancellor confirmed that the Office for Budget Responsibility (OBR) anticipates that the UK economy will grow by 6.5 per cent this year ...

The first annual Regions and Nations Tracker published by the British Business Bank has revealed alarming regional disparities in accessing equity finance and private debt in the UK.

Although more than 40% of businesses were accessing external finance in 2021, the lack of local investors in certain areas means that there are lost economic opportunities across the UKs regions and nations.

Wales is facing a crisis as young people desert the principality in search of more rewarding and successful careers elsewhere. The Welsh government is looking at plans to arrest the exodus because if it continues at its current rate there will be severe ramifications for the country’s economy. With the number of working-age citizens continuing to fall, the government is concerned that it will h...

What is the R&D Tax Credit Statistic Report?

HM Revenue and Customs (HMRC) have released their latest Research and Development (R&D) Tax Credits Statistics Report; sharing data for accounting periods ending during the 2019-20 tax year. The report, published each year, provides valuable information on the number of UK companies benefiting from the relief and the va...

Research indicates that during the pandemic the majority of small businesses in the UK increased their social media presence and are now benefitting from their digital exploits. The past 18 months have had a devastating effect across all sectors and as physical operations ground to a halt business owners were faced with having to pivot in order to survive.

Results from a poll of 1,000 UK ...

Rishi Sunak, the Chancellor of the Exchequer recently announced that the Kickstart Scheme has been extended until March 2022. The scheme gives employers funding for creating jobs for 16 – 24 year olds who are on Universal Credit. The Kickstart Scheme was launched in September 2020 and was allocated £2 billion in funding to provide 250,000 high-quality jobs for young people following the economi...

Being self-employed sounds attractive and there are several advantages when compared with working for someone else, such as greater flexibility with your working hours and not being answerable to anybody. However, there are also disadvantages, one of which is the fact that pension payments are solely down to you. There is no employer contributing to your pension pot, so in simple terms, if you ...

The furlough scheme, which has safeguarded millions of jobs during the past 18 months, finally closed at the end of September. The Coronavirus Job Retention Scheme, as it was officially known, was launched in April 2020 when large parts of the UK economy were forced to close because of the Covid-19 pandemic.

Under the scheme, the government contributed up to a maximum if £2,500 per month ...